Unisys' Load Of Woes Gets Heavier

Hard times keep coming for Unisys. To settle fraud charges in the Justice Dept.'s "Ill Wind" defense-procurement probe, the Blue Bell (Pa.) company may agree to pay as much as $190 million, an industry consultant says. Unisys said it was still haggling over terms, which could include extended payments and forfeiture of profits from a radar contract. The company sees "little, if any" impact on its financial stability.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.