Simrad Yachting Joins The Billfish Foundation
Simrad, world-leader in the design and manufacturer of marine electronics, announced today that it has joined The Billfish Foundation and is one of their 2014 tagging program sponsors. The Foundation has developed the world’s largest private billfish-tagging database as a result of its Tag and Release Program. Simrad Yachting’s partnership will help the Foundation advance this cornerstone sustainability and advocacy program, as well as support its efforts to advance the conservation of billfish and associated species worldwide. “As a global leader in the engineering and development of sport fishing technology, Simrad Yachting is committed to protecting our worldwide fisheries,” said Leif Ottosson, CEO of Navico. “We are proud to support the Billfish Foundation.
ITT Corporation to Pay $100M Penalty and Plead Guilty
ITT Corporation, the leading manufacturer of military night vision equipment for the U.S. Armed Forces, has admitted sending classified materials overseas and will pay a $100 million penalty, Assistant Attorney General for the National Security Division Kenneth L. Wainstein and U.S. Attorney for the Western District of Virginia John L. Brownlee announced today, along with the Defense Criminal Investigative Service (DCIS) and U.S. Immigration and Customs Enforcement (ICE). The corporation will pay a total monetary penalty of $100 million, one of the largest penalties ever paid in a criminal case. ITT Corporation will also be the first major defense contractor convicted of a criminal violation of the Arms Export Control Act. According to the written plea agreement to be filed in U.S.
