French aerospace giant Airbus is reportedly in talks with federal authorities after it failed to properly disclose the use of outside sales personnel in defense-related deals.
The Wall Street Journal reported that the company formally informed regulators about the issue this summer following an internal review. The reporting error concerns federal rules regarding fees and political contributions in military equipment exports.
Airbus did not speculate on potential penalties it could face, but said that it is cooperating with the State Department and Justice Department, which would oversee any civil and criminal investigations, respectively.
“We continue to do business as usual,” CFO Harald Wilhelm told the paper.
The disclosure comes on the heels of an investigation of sales agents in its native France and corruption probes in the U.K. and Germany.
Airbus officials also said the company would fall short of its goal for deliveries of its popular A320neo planes amid delays in engine production by United Technologies' Pratt & Whitney division.