Structural reviews of competing America’s Cup catamarans, a lower wind limit and improved safety equipment for sailors are being recommended to prevent a repeat of a training accident that killed an Olympic yachtsman.
FedEx Corp. lost a bid to shield some corporate documents from public disclosure by lawyers suing two units of the package delivery company for knowingly overbilling customers for commercial deliveries.
Honeywell International Inc. accused the U.S. Justice Department of withholding “critical” evidence in a false claims lawsuit alleging the company used defective materials in body armor the government bought.
The U.K. will provide 1,000 sets of surplus body armor to the Libyan opposition, the British Broadcasting Corp. reported, citing an interview with Prime Minister David Cameron . Cameron, speaking ahead of a meeting with French President Nicolas Sarkozy in Paris tomorrow, said Qaddafi’s “appalling” attacks on his own citizens must be stopped, the BBC reported.
The U.K. announced new types of aid for Syria’s opposition, including armored vehicles and body armor, as the number of refugees fleeing the civil war in Syria for neighboring countries reached 1 million.
Three former directors of DHB Industries Inc. will pay more than $1.6 million to resolve U.S. Securities and Exchange Commission claims over their roles in an accounting fraud at the military body-armor supplier.