By Martin Coyle ( May 1, 2026, 15:43 GMT | Insight) -- UK defense company Ultra Electronic Holdings, now part of Cobham, will pay £15 million to settle allegations that it failed to prevent bribery around the world as part of an agreement struck with UK fraud prosecutors on Friday. It's the first deferred prosecution agreement concluded in the UK for five years.UK defense company Ultra Electronic Holdings, now part of Cobham, will pay £15 million to settle allegations that it failed to prevent bribery around the world as part of an agreement struck with UK fraud prosecutors on Friday, in the first UK plea agreement struck for five years....
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