• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Dell, Iron Bow settle charges they overcharged the Army, DOJ says

by November 19, 2024
written by November 19, 2024

WASHINGTON (Reuters) – Dell Technologies (NYSE:DELL) and Iron Bow Technologies have agreed to pay more than $2 million each to resolve allegations by the U.S. government they overcharged the Army on a computing contract, the Justice Department said on Tuesday.

Dell has agreed to pay $2.3 million and Iron Bow has agreed to pay $2.05 million to resolve allegations they violated the False Claims Act by submitting non-competitive bids to the Army and thereby overcharging it under the Army Desktop and Mobile Computing contract, DOJ said.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Russia stocks lower at close of trade; MOEX Russia Index down 3.24%
next post
Canada stocks higher at close of trade; S&P/TSX Composite up 0.14%

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • YouTube will stream NFL Week 1 game in Brazil for free

      May 15, 2025
    • 5 new Uber features you should know — including a way to avoid surge pricing

      May 15, 2025
    • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

      May 14, 2025
    • Fintech company Chime files for Nasdaq IPO

      May 14, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (461)
    • Stock (6,426)

    Latest News

    • YouTube will stream NFL Week 1 game in Brazil for free
    • 5 new Uber features you should know — including a way to avoid surge pricing

    Popular News

    • Fed minutes show Wall Street pushed back expected end of balance sheet drawdown
    • How to position for the evolving energy landscape: UBS weighs in

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy