Spy Project Corporate Espionage Case Settles Out Of Court

CO - Paragon Dynamics Inc., an Aurora defense contractor, is paying $1.15 million to settle allegations it stole bid information from Raytheon Corp. about spy agency projects over which the companies competed in 2009... 

Around July 31, 2009, an unidentified senior software director for Paragon used computer access to Raytheon’s systems in Aurora to obtain Raytheon’s bids for two NRO projects — code named Antietam and Savannah — plus other information, the settlement agreement says.

Security cameras caught the employee faxing some of the information to the president of Paragon Dynamics, who forwarded it to someone at a company Paragon partnered with to compete against Raytheon for the NRO’s Antietam contract, the government said. (more)