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*.S. N*vy Sh*pbuilder Pl*ads G*ilty To “Fr*ud Sch*me,” D*partment Of J*stice *nnounces


A shipbuilder that constructs vessels for the U.S. Navy and U.S. Coast Guard has pleaded guilty to a financial accounting fraud scheme and agreed to pay a $24 million fine.

The U.S. Department of Justice said Austal USA, based in Mobile, Alabama, obstructed a Defense Department audit.

U.S. Navy

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