Claims Against Aerojet Rocketdyne Settled for $9 Million

Aerojet Rocketdyne to Pay $9 Million to Settle Cyber Security Allegations Against it in the United States

Years after filing a lawsuit regarding Aerojet’s non-compliance with the cybersecurity requirements of its contracts with the Department of Defense and NASA, the rocket engine maker agreed to pay $9 million to settle the case.

Rocket engine maker Aerojet Rocketdyne has agreed to pay $9 million to settle allegations of non-compliance with cybersecurity requirements under federal government contracts, the US Department of Justice says.

Aerojet supplies the Pentagon, NASA (the US space agency) and other federal agencies with power and propulsion systems to launch vehicles, rockets, satellites and other spacecraft, and the settlement will resolve a 2015 lawsuit brought by a former Aerojet employee named Brian Marcus under a Claims Act Report. false.

Aerojet and Marcus settled the case on the second day of the trial in April, according to the Justice Department, with the former employee receiving $2.61 million in his share of the settlement. The settlement was fully approved on July 5 by a California district court.

Marcus’ report to the court revealed that between July 2013 and September 2015, Aerojet received about $2.6 billion in government funding through “fraudulent purchases of contracts” with the Department of Defense, the Aeronautics and Space Administration, and NASA. essential part of NASA’s space programs” by making false claims that they are in compliance with cybersecurity regulations.

After the 2013 cyberattack, Aerojet appointed Marcus as the company’s chief cybersecurity officer, but Marcus stated that he did not have the budget or sufficient staff promised by the company, and also claimed that Aerojet hid from the board of directors in 2015 that it was not Compliant with the security requirements of those contracts. Read more [Space Companies Reveal Disappointing Results in The Q1].

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