us-navy-shipbuilder-pleads-guilty-financial-accounting-fraud-scheme-and-obstructing-defense

Austal USA LLC (Austal USA), a Mobile, Alabama-based shipbuilder that constructs vessels for the U.S. Navy and U.S. Coast Guard, pleaded guilty yesterday and has agreed to pay $24 million to resolve an investigation by the Justice Department related to an accounting fraud scheme and efforts to obstruct the Defense Contract Audit Agency (DCAA) during a financial capability audit. Austal USA is a wholly owned subsidiary of Austal Limited, an Australian company that is publicly traded on the Australian Securities Exchange and was traded over-the-counter in the United States via American Depositary Receipts. LTC Eugene Chu Lt Col John (Jack) Christensen Maj Kim Patterson MAJ Ken Landgren Maj (Join to see) CPT Gurinder (Gene) Rana MSgt Steve Sweeney MSG Stan Hutchison MSgt Michael Bischoff SSgt Richard Kensinger SFC Jo Ann Klawitter 1SG (Join to see) A1C Medrick "Rick" DeVaney SP5 Dennis Loberger PO1 Tony Holland PO1 Brian Austin SGT Charlie Lee CPL LaForest Gray SrA John Monette