Dell, Iron Bow settle charges they overcharged the Army, DOJ says

WASHINGTON (Reuters) - Dell Technologies (NYSE:DELL ) and Iron Bow Technologies have agreed to pay more than $2 million each to resolve allegations by the U.S. government they overcharged the Army on a computing contract, the Justice Department said on Tuesday.

Dell has agreed to pay $2.3 million and Iron Bow has agreed to pay $2.05 million to resolve allegations they violated the False Claims Act by submitting non-competitive bids to the Army and thereby overcharging it under the Army Desktop and Mobile Computing contract, DOJ said.

Source: Investing.com