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 ...
GlobalData on MSN9d
Raytheon secures $736m AIM-9X missile contract from US Navy
The US Navy has awarded Raytheon a contract valued at $736m for the production of the Block II variant of the AIM-9X ...
Boston Herald4d
Raytheon agrees to $950M fraud settlement
NEW YORK — RTX Corporation, the defense contractor formerly known as Raytheon, agreed Wednesday to pay $950 million to resolve allegations that it defrauded the government and paid bribes to ...
Eagle-Tribune2d
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 ...
Business 2 Community5d
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.
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 ...
The Boston Globe4d
Defense contractor Raytheon agrees to pay $252M penalty to resolve Qatar bribery charges
NEW YORK (AP) — RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay the US government $252 million to resolve criminal charges alleging it paid bribes to secure ...
EPT9d
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 ...
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 ...
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 ...