Pentagon withholding funds from General Atomics and others

Defense Department demanding better business systems

According to Bloomberg News, the Defense Department is withholding funds from some of its largest contractors, including San Diego's General Atomics. The Pentagon says the companies have to correct inadequate business systems.

Sponsored
Sponsored

Doug Fouquet, a spokesman for General Atomics, said the company "has been actively engaged in making enhancements to demonstrate compliance," and the military "has reduced the cost-withhold," according to Bloomberg.

Related Stories