BUSINESS
December 6, 1987 | WILLIAM R. LONG, Times Staff Writer
As long as there has been war, there have been those who profit from it. In that ancient tradition, Chilean industrialist Carlos Cardoen has made a fortune from the war between Iran and Iraq. Cardoen, 45, also has made Chile one of the few developing countries that can compete successfully with industrial powers for international arms sales.
NEWS
February 1, 1993 | DOUGLAS FRANTZ, TIMES STAFF WRITER
In a case that may shed light on how the West helped to arm Iraq, Justice Department officials are wrapping up an investigation into how a Los Angeles-based defense contractor supplied a potent ingredient for Iraqi cluster bombs, according to documents and interviews. One hundred tons of munitions-grade zirconium, which intensifies burning and helps penetrate armor, were sold by a division of defense contractor Teledyne Inc.
NEWS
January 19, 1991 | Associated Press
U.S. Customs agents probing possible illegal arms sales to Iraq searched a Miami development firm allegedly linked to an international weapons dealer, the company's attorney said Friday. The target of the probe is Carlos Cardoen, owner of Industrias Cardoen S.A. of Chile, which in the past supplied the Iraqi army with weapons, including cluster bombs, law enforcement sources said.
BUSINESS
August 8, 1995 | Times Staff and Wire Reports
Teledyne Salesman Sentenced to Prison: Edward A. Johnson, the only Teledyne employee convicted in the defense contractor's sale of the metal zirconium to Chilean arms maker Carlos Cardoen in the 1980s, was sentenced to nearly 3 1/2 years in prison. Johnson showed no emotion as U.S. District Judge Shelby Highsmith in Miami read the sentence. Johnson, who worked at Teledyne's Wah Chang Albany unit in Albany, Ore.
BUSINESS
January 18, 1995 | From Times Staff and Wire Reports
Teledyne Inc. reportedly is ready to plead guilty to federal charges that it illegally exported 130 tons of zirconium that was used to make cluster bombs for Iraq in the 1980s. The Los Angeles-based defense contractor plans to enter the plea rather than face trial next month in Miami, a source close to the case told Associated Press on condition of anonymity.
NEWS
September 2, 1993 | DOUGLAS FRANTZ, TIMES STAFF WRITER
A federal judge Wednesday rejected claims by a division of Teledyne Inc. that its role in the sale of 24,000 cluster bombs to Iraq was legal because the transactions were part of a secret U.S. policy to arm Iraq before the Persian Gulf War. In response to a government motion to keep classified information secret, U.S. District Judge Shelby Highsmith in Miami said that the claim by the Los Angeles-based defense company "does not constitute any legally cognizable defense."