By Katherine Hunt
Last Update: 12:05 PM ET Mar 27, 2007
SAN FRANCISCO (MarketWatch) -- Defense contractor ITT Corp. (ITTITT Corp
ITT ) agreed to plead guilty to sending classified military data overseas and will pay a $100 million penalty, the Department of Justice said on Tuesday. ITT, which makes military night vision equipment for the U.S. Armed Forces, plans to plead guilty to one count each of export of defense articles without a license, and omission of statements of material facts in arms exports reports, the government said. According to information to be filed in U.S. District Court in Roanoke, ITT exported defense-related technical data to the People's Republic of China, Singapore, and the United Kingdom between March 2001 and August 2001, without first obtaining a license or written authorization from the State Department, the DOJ said.
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