Latest news with #L3
Yahoo
22-05-2025
- Business
- Yahoo
Top U.S. defense contractor L3 Tech to pay $62M to settle claims of deceptive practices
May 22 (UPI) -- American defense contractor L3 Technologies Inc. will pay tens of millions of dollars in fines to settle allegations that one of its divisions, Communications System West, submitted false business info to U.S. military and other federal agencies, the U.S. Justice Department announced Thursday. L3, doing business in Utah, agreed to pay $62 million to the U.S. government to settle scores of allegations that Communications System West had violated multiple provisions in federal law by "knowingly" making false claims, according to a settlement agreement. "Taking advantage of the resources that support the armed forces of the United States and other government agencies will not be tolerated," said Utah's Acting U.S. Attorney Felice John Viti. At the end of 2018, L3 Technologies and Harris Corp. announced its merger that created the country's sixth largest defense contractor. U.S. officials say L3 company leaders knowingly made false statements and submitted other claims for "dozens" of government contract proposals by not accurately disclosing L3's current and complete set of cost and pricing data for communication devices sold to a number of departments and agencies, including the U.S. Army, Navy and Air Force. Viti said his office will continue to work and partner with law enforcement agencies to investigate and "hold accountable individuals and contractors who defraud the government." L3 produces communications equipment designed to operate unmanned vehicles, retrieve data and other visuals for U.S. military ops and intelligence, DOJ added. The Justice Department contends that the practice went on from October 2006 to at least February 2014. It said L3 Tech allegedly violated provisions in the 1863 False Claims Act, amended in 1986 under the Reagan administration, and the 1962 Truth In Negotiations Act which requires a federal contractor to provide the most current and accurate facts to government regulators by the time there's an agreement, which could "reasonably be expected to affect price negotiations significantly." "Investigating companies that defraud the Army is crucial to maintaining the trust of the American public and upholding the integrity of government contracting," said Special Agent in Charge Olga Morales of the U.S. Army's CID southwest field office. In 2020, L3Harris Technologies was selected to design and manufacture a next-gen aerial device in a nearly $500 million contract, and the company started the year with a $28 million DOD contract to update Greek F-16 jets. The year prior, L3 was on the receiving end for more than $37 million to produce U.S. Navy precision aiming lasers and $73 million to repair U.S. Navy submarine issues in 2019. OSI Special Agent Jeffery Herrin said the $62 million settlement underscored the "commitment" the Air Force Office of Special Investigations has to protect national security and "ensuring the integrity of Department of Defense acquisitions." "L3's defective pricing in contract proposals for critical systems like ROVER, VORTEX and SIR erodes public trust," he continued, saying with "robust" law enforcement alliances that "law and order" will be upheld in the U.S. defense industry.
UPI
22-05-2025
- Business
- UPI
Top U.S. defense contractor L3 Tech to pay $62M to settle claims of deceptive practices
May 22 (UPI) -- American defense contractor L3 Technologies Inc. will pay tens of millions of dollars in fines to settle allegations that one of its divisions, Communications System West, submitted false business info to U.S. military and other federal agencies, the U.S. Justice Department announced Thursday. L3, doing business in Utah, agreed to pay $62 million to the U.S. government to settle scores of allegations that Communications System West had violated multiple provisions in federal law by "knowingly" making false claims, according to a settlement agreement. "Taking advantage of the resources that support the armed forces of the United States and other government agencies will not be tolerated," said Utah's Acting U.S. Attorney Felice John Viti. At the end of 2018, L3 Technologies and Harris Corp. announced its merger that created the country's sixth largest defense contractor. U.S. officials say L3 company leaders knowingly made false statements and submitted other claims for "dozens" of government contract proposals by not accurately disclosing L3's current and complete set of cost and pricing data for communication devices sold to a number of departments and agencies, including the U.S. Army, Navy and Air Force. Viti said his office will continue to work and partner with law enforcement agencies to investigate and "hold accountable individuals and contractors who defraud the government." L3 produces communications equipment designed to operate unmanned vehicles, retrieve data and other visuals for U.S. military ops and intelligence, DOJ added. The Justice Department contends that the practice went on from October 2006 to at least February 2014. It said L3 Tech allegedly violated provisions in the 1863 False Claims Act, amended in 1986 under the Reagan administration, and the 1962 Truth In Negotiations Act which requires a federal contractor to provide the most current and accurate facts to government regulators by the time there's an agreement, which could "reasonably be expected to affect price negotiations significantly." "Investigating companies that defraud the Army is crucial to maintaining the trust of the American public and upholding the integrity of government contracting," said Special Agent in Charge Olga Morales of the U.S. Army's CID southwest field office. In 2020, L3Harris Technologies was selected to design and manufacture a next-gen aerial device in a nearly $500 million contract, and the company started the year with a $28 million DOD contract to update Greek F-16 jets. The year prior, L3 was on the receiving end for more than $37 million to produce U.S. Navy precision aiming lasers and $73 million to repair U.S. Navy submarine issues in 2019. OSI Special Agent Jeffery Herrin said the $62 million settlement underscored the "commitment" the Air Force Office of Special Investigations has to protect national security and "ensuring the integrity of Department of Defense acquisitions." "L3's defective pricing in contract proposals for critical systems like ROVER, VORTEX and SIR erodes public trust," he continued, saying with "robust" law enforcement alliances that "law and order" will be upheld in the U.S. defense industry.
Yahoo
19-05-2025
- Business
- Yahoo
SUNMI Showcases CPad Commercial Tablet, FLEX3 Series and Third-generation Innovations at CHINASHOP
SHANGHAI, May 19, 2025 /PRNewswire/ -- SUNMI made a striking impression at the 25th CHINASHOP, held at the Shenzhen World Convention and Exhibition Center from May 8-10, 2025. This marks its eighth consecutive appearance at this prominent retail technology event. At the exhibition, SUNMI showcased its latest offerings, including the commercial tablet CPad and FLEX 3 series, while engaging with industry leaders to explore business solutions aimed at enhancing market value. Focusing on operational needs that differ from consumer and industrial tablets, SUNMI introduced the smart commercial tablet, SUNMI CPad. Available in three sizes—8.7", 11", and 14"—CPad is versatile enough for various businesses. Its innovative "Quick Lock" design on the back allows easy attachment and detachment while ensuring stability and security. Equipped with a suite of modular accessories, it is well-suited for retail, dining, hospitality, and manufacturing environments. Powered by Qualcomm's 8-core, 8+128G platform, CPad efficiently handles complex tasks and includes a three-year warranty and a five-year lifecycle support for consistent performance in business-critical applications. FLEX 3 series, the interactive screens, also made its debut in China, offering three screen sizes, various mounting options, and peripheral modules. These flexible setups unlock a range of business possibilities, allowing users to reconfigure quickly and enhance operational agility and productivity. In a comprehensive upgrade to its mobile and desktop lineup, SUNMI introduced the handheld device L3, designed to optimize efficiency across the business value chain. L3 offers scalability that improves processes from manufacturing to front-of-house service, increasing overall throughput. SUNMI M3, specifically for restaurants, features a 6.75" HD display and a range of professional-grade accessories that promote hands-free operation, improving efficiencies in busy dining environments. To blend AI and IoT further, SUNMI has integrated six AI modules—voice command, facial recognition, gesture control, visual analysis, self-diagnostics, and smart loss prevention, to enhance productivity and user interaction. The SUNMI AI Experience Zone showcased immersive demonstrations, highlighting the real-world benefits of smart retail technologies. Attracting significant interest, the dual-OS SUPER Solution allows for seamless switching between Windows and Android with a single click, supported by SUNMI K2 series, T3 PRO family, FLEX 3 series, and CPad. Additionally, SUNMI Hyper Wi-Fi, designed for high-demand business settings, offers a robust network solution with ten times the range and penetration of traditional Wi-Fi. Collaborating with over 20 ecosystem partners, SUNMI developed tailored solutions for full-service dining, quick service restaurants, tea and coffee chains, grocery and convenience, beauty retail, vertical industries, and smart pharmacy. These immersive showcases highlighted comprehensive digital transformation across multiple sectors. SUNMAX worked with over ten software vendors to create a unified app development and distribution platform, offering smart, ready-to-deploy solutions for fast casual, grocery, baby and maternity, wellness, and healthcare markets, while supporting seamless global deployment for software vendors. During SUNMI's two-day speaker series, over 20 partners shared insights and deployment strategies, including discussions on the app development platform and global deployment. The sessions offered actionable ideas, providing attendees with a comprehensive view of future-ready business solutions. View original content to download multimedia: SOURCE Shanghai Sunmi Technology Co., Ltd. Sign in to access your portfolio
Cision Canada
19-05-2025
- Business
- Cision Canada
SUNMI Showcases CPad Commercial Tablet, FLEX3 Series and Third-generation Innovations at CHINASHOP
SHANGHAI, May 19, 2025 /CNW/ -- SUNMI made a striking impression at the 25th CHINASHOP, held at the Shenzhen World Convention and Exhibition Center from May 8-10, 2025. This marks its eighth consecutive appearance at this prominent retail technology event. At the exhibition, SUNMI showcased its latest offerings, including the commercial tablet CPad and FLEX 3 series, while engaging with industry leaders to explore business solutions aimed at enhancing market value. Focusing on operational needs that differ from consumer and industrial tablets, SUNMI introduced the smart commercial tablet, SUNMI CPad. Available in three sizes—8.7", 11", and 14"—CPad is versatile enough for various businesses. Its innovative "Quick Lock" design on the back allows easy attachment and detachment while ensuring stability and security. Equipped with a suite of modular accessories, it is well-suited for retail, dining, hospitality, and manufacturing environments. Powered by Qualcomm's 8-core, 8+128G platform, CPad efficiently handles complex tasks and includes a three-year warranty and a five-year lifecycle support for consistent performance in business-critical applications. FLEX 3 series, the interactive screens, also made its debut in China, offering three screen sizes, various mounting options, and peripheral modules. These flexible setups unlock a range of business possibilities, allowing users to reconfigure quickly and enhance operational agility and productivity. In a comprehensive upgrade to its mobile and desktop lineup, SUNMI introduced the handheld device L3, designed to optimize efficiency across the business value chain. L3 offers scalability that improves processes from manufacturing to front-of-house service, increasing overall throughput. SUNMI M3, specifically for restaurants, features a 6.75" HD display and a range of professional-grade accessories that promote hands-free operation, improving efficiencies in busy dining environments. To blend AI and IoT further, SUNMI has integrated six AI modules—voice command, facial recognition, gesture control, visual analysis, self-diagnostics, and smart loss prevention, to enhance productivity and user interaction. The SUNMI AI Experience Zone showcased immersive demonstrations, highlighting the real-world benefits of smart retail technologies. Attracting significant interest, the dual-OS SUPER Solution allows for seamless switching between Windows and Android with a single click, supported by SUNMI K2 series, T3 PRO family, FLEX 3 series, and CPad. Additionally, SUNMI Hyper Wi-Fi, designed for high-demand business settings, offers a robust network solution with ten times the range and penetration of traditional Wi-Fi. Collaborating with over 20 ecosystem partners, SUNMI developed tailored solutions for full-service dining, quick service restaurants, tea and coffee chains, grocery and convenience, beauty retail, vertical industries, and smart pharmacy. These immersive showcases highlighted comprehensive digital transformation across multiple sectors. SUNMAX worked with over ten software vendors to create a unified app development and distribution platform, offering smart, ready-to-deploy solutions for fast casual, grocery, baby and maternity, wellness, and healthcare markets, while supporting seamless global deployment for software vendors. During SUNMI's two-day speaker series, over 20 partners shared insights and deployment strategies, including discussions on the app development platform and global deployment. The sessions offered actionable ideas, providing attendees with a comprehensive view of future-ready business solutions.
