Our Company Blog

Jail Time for Man Who Intentionally Supplied Counterfeit Electronic Components For Submarines!

Posted by Al Kiel on Jun 5, 2014 8:00:00 AM

As a supplier of submarine parts, Secure Components works very hard to make sure we procure quality and authentic components.  Our Quality Management System includes a Counterfeit Avoidance Policy which is sub-1certified to the Department of Defense-Adopted SAE AS6081 Counterfeit Avoidance standard.  Our Counterfeit Avoidance Policy ensures that each component we sell is properly tested to ensure its authenticity.  Suspect components are properly quarantined, and reported to GIDEP. 

It is extremely disappointing to learn that what Mr. Picone has plead guilty to went on for nearly five years.  His actions risked the lives and the missions of our brave men and women in uniform.  We are hopeful that this event will increase the awareness of the counterfeit epidemic within the US Military Supply Chain and will lead to a stronger supply chain that the warfighter can count on.  

The announcement of Mr. Picone’s guilty plea come nearly 1 month after the Defense Federal Acquisition Regulation Supplement Case 055-2012 was finalized.  This legislation will have a huge impact on Prime Contractors, and will ultimately be flowed down to any supplier who does business which ends up in the hands of the government.   Had these requirements been in place from 2007-2012, it is highly unlikely that Mr. Picone’s organization could have committed the fraud and deceit that he did.    Click Here to read the full story.

 

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