South Korea's arms procurement agency has won a U.S. court ruling against a foreign weapons component company in a case involving fraudulent transfer.
The Defense Acquisition Program Administration said Monday the Los Angeles County Superior Court Northern District... found the company guilty of having supplied faulty parts to Seoul's defense ministry during some two years since 2000.
With the ruling, DAPA is to collect more than 3-point-4-million U.S. dollars in damages.
DAPA says it's the first time the agency has sued a foreign company and has actually won.
The Defense Acquisition Program Administration said Monday the Los Angeles County Superior Court Northern District... found the company guilty of having supplied faulty parts to Seoul's defense ministry during some two years since 2000.
With the ruling, DAPA is to collect more than 3-point-4-million U.S. dollars in damages.
DAPA says it's the first time the agency has sued a foreign company and has actually won.
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