Aviation Maintenance Company Pays $4 Million To Settle Fraud Charges Of Overbilling On Iraq Contracts

L-3 Vertex Aerospace, based in Madison, Mississippi, and a subsidiary of L-3 Communications Corp., agreed on Monday to pay $4 million to settle charges it had submitted false and inflated claims to the US Army for hours worked by company employees on a helicopter maintenance contract. A company whistle blower, Henry W. Roderigas, brought the case to light and is entitled to a reward of $720,000. The company would have been charged with violations of the False Claims Act if it had not settled the case.

Read the story here, here and here.

See the DOJ announcement here.