- The US security firm formerly known as Blackwater is to pay a fine of $7.5m to avoid legal proceedings over charges including arms trafficking.
The US Justice Department issued a statement on Tuesday to confirm that the company, now known as Academi, would pay the sum, along with a previously agreed $42m settlement with the US State Department, over violations of the country's Arms Export Control Act.
Documents unsealed in a US District Court in North Carolina said the company had agreed to pay the fine as part of a deferred prosecution agreement to settle 17 violations.
The list of violations includes possessing automatic weapons in the US without registration, lying to federal firearms regulators about weapons provided to the king of Jordan, passing secret plans for armoured personnel carriers to Sweden and Denmark without US government approval and illegally shipping body armour overseas.
Federal prosecutors and law enforcement agents said the company, which has held billions in US security contracts in Iraq and Afghanistan, repeatedly flouted US laws.