Company formerly called Blackwater to pay $7.5m fine

Academi LLC has agreed to pay fine to settle charges of arms-sales violation.

Reuters August 08, 2012

WASHINGTON: Academi LLC, the military contractor formerly known as Blackwater Worldwide, has agreed to pay a $7.5 million fine to settle charges of arms-sales violations, the US Justice Department said on Tuesday.

The agreement, filed in US District Court in New Bern, N.C., covers unauthorized sales of satellite phones in Sudan, unauthorized military training provided to foreign governments including Canada's, and the illegal possession of automatic weapons, the Justice Department said.