A Colorado defense contractor has agreed to pay $1.15 million to settle allegations that it improperly got information about a competitor’s bid for two contracts for the top-secret National Reconnaissance Office, federal prosecutors said Tuesday.
Paragon Dynamics Inc., of the Denver suburb of Aurora, was accused of getting copies of bid information from Raytheon Corp., another defense contractor.
Prosecutors claimed a Paragon employee who had access to a Raytheon facility in Aurora stole drafts of Raytheon’s proposals and faxed them to the president of Paragon. The president then sent the information to another corporation that was combining with Paragon to bid on a contract, prosecutors said.
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