Ammunition Manufacturer Wins Massive Settlement From Federal Gov’t
January 14, 2015 8:26am PST
Liberty Ammunition, a company best known for supplying bullets to the U.S. military, foreign military allies and U.S. law enforcement agencies, filed a lawsuit against the federal government in 2011 after discovering that the U.S. Army had infringed on their patented trade secrets to manufacture lead-free bullets for military rifles. On December 19, Liberty Ammunition won that lawsuit to a massive degree.
The Blaze reports that U.S. Federal Court of Claims Judge Charles Lettow ordered the government to pay Liberty Ammunition a lump sum of $15.6 million in addition to a 1.4-cent royalty on every bullet it buys and receives until the patent expires in 2027. Liberty Ammunition CEO George Philips says he feels “totally vindicated” by the court’s decision.
The Department of Defense has not commented on the ruling, but has until February 19 to appeal the decision.
Written by Jodi Swan
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