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.