January 28, 2023
You are here:  Home  >  Regions  >  East Ventura County  >  Current Article

AeroVironment settles with State Department over arms export violations


Simi Valley-based AeroVironment announced a settlement with the State Department over allegations that it violated two arms export regulations, after it voluntarily reported the infringements. The company said it agreed to pay $1 million over the next two years, half of which could be put toward investments for increased compliance. It will also hire an…


    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.