Defense contractor RTX agrees to pay more than $950 million to resolve bribery, fraud claims
RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay more than $950 million to resolve allegations that it defrauded the government and paid bribes to secure business
RTX Agrees to More Than $950 Million in Penalties to Settle Qatar Bribery, Contract Fraud Charges
The settlement resolves a series of federal probes, including one that was opened after a lawsuit in California accused the defense contractor of funneling $1.9 million in bribes to a brother of Qatar’s emir.
RTX to pay more than $950M in bribery, fraud settlement: DOJ
The Securities and Exchange Commission alleged that last decade RTX, formerly known as Raytheon, used bogus subcontracts with a supplier to pay bribes of nearly $2 million.
RTX to pay $950 million to resolve federal charges of fraud, bribery
RTX entered into two three-year deferred prosecution agreements as part of a settlement with the Justice Department.
RTX Agrees to Pay More Than $950 Million to Settle US Probes
RTX Corp. agreed to pay more than $950 million to settle multiple federal probes related to attempts to win business in Qatar and defraud the US in defense contracts.
Raytheon to pay $950 million to settle fraud, Qatar bribery charges
The Justice Department announced the defense contractor has agreed to three years of independent monitoring after violating the Foreign Corrupt Practices Act.
Alert: Defense contractor RTX to pay $950 million to resolve allegations that it defrauded US, paid bribes to Qatari official
Defense contractor RTX to pay $950 million to resolve allegations that it defrauded US, paid bribes to Qatari official. Oct 16, 2024 Glad You Asked Got a question? Put a reporter on it. Ever think of a question that you wish someone would answer?
RTX Subsidiary Raytheon To Pay $950 Million In Fraud, Bribery Settlements
RTX Subsidiary Raytheon agreed to pay over $950 million to settle DOJ investigations involving government contract fraud, foreign bribery, and Arms Export Control Act violations. The company also settled with the SEC for $124 million over violations of the Foreign Corrupt Practices Act related to bribes to Qatari officials to secure defense contracts.
Defense contractor Raytheon agrees to pay $252M penalty to resolve Qatar bribery charges
RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay the U.S. government $252 million to resolve criminal charges alleging it paid bribes to secure contracts
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