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 ...
When Blood Money Isn’t Enough: Raytheon Admits to Defrauding Pentagon
RTX’s bombs regularly kill children and civilians. It does white-collar crimes too, according to a $950 million fraud and ...
Patriot missile maker gets penalty of nearly USD1bn
As part of the settlement, the company will pay the hefty fine and enter into a three-year deferred prosecution agreement (DPA) in connection with the charges, which include two counts of “major fraud ...
Business 2 Community4d
Raytheon Net Worth: RTX’s Legacy of Defense Innovation
We track Raytheon's net worth and key financial milestones on its journey to becoming a leading defense and aerospace company.
Eagle-Tribune1d
Raytheon settles cases of inflated contracts, double billing
Defense contractor Raytheon, with manufacturing plants in Andover and other Massachusetts communities, has admitted to a major Department of Defense fraud of inflating the price of missile and ...
EPT8d
Raytheon to develop ultra-wide bandgap semiconductors for DARPA
Raytheon, an RTX business, has been awarded a three-year, two-phase contract from DARPA to develop foundational ultra-wide ...
TMCnet4d
RTX's Raytheon SM-3® Block IIA achieves full-rate production approval
TUCSON, Ariz., Oct. 15, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has entered full-rate production for Standard Missile-3 Block IIA, validating the program's design maturity amid ...
EuropaWire1d
HENSOLDT and Raytheon Strengthen Partnership with New MoU to Boost NATO EO/IR Systems Readiness
At the AUSA 2024 conference, HENSOLDT and Raytheon signed a Memorandum of Understanding (MoU) to enhance cooperation on ...
Xometry Appoints Roy Azevedo To Its Board of Directors
The Former President Of Raytheon Technologies’ Space And Airborne Systems And Intelligence And Space Business Units Brings ...