Britain's defence giant BAE system announced Friday it will pay fines to settle corruption charges with Britain's Serious Fraud Office (BSFO) and the US Department of Justice. The total amount of the fines will reach about 450 million dollars.
The United States Department of Justice is extending a corrruption probe into a 54-billion-euro arms deal between BAE, the UK's largest defence firm, and Saudi Arabia in the 1980s.