Defense Contractor Raytheon Settles Bribery, Allegations for $950 Million
Under the deal, prosecutors have agreed to dismiss the criminal charges against the defense company in three years if it abides by the terms of the deal, which include hiring an independent compliance monitor.
Raytheon agrees to $950M fraud settlement
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 secure business
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.
Raytheon set to pay $950 million to resolve fraud and bribery charges
Raytheon, a subsidiary of major American defense contractor RTX, will pay more than $950 million to resolve fraud and bribery charges.
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 with Qatar.
Raytheon agrees to pay $950M settlement after fraud allegations
RTX Corporation, previously known as Raytheon, agreed to pay the U.S. government $950 million to resolve criminal and civil allegations.
RTX subsidiary Raytheon to Pay Over $950M in Government Fraud Settlement
Raytheon will pay over $950 million to settle Justice Department investigations, including allegations of bribing a high-level military official in Qatar.
Raytheon to pay $950M+ to resolve fraud, bribery charges
The U.S. Department of Justice announced Wednesday that Arlington County’s Raytheon, a subsidiary of aerospace and defense contractor RTX, has agreed to pay more than $950 million to resolve
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.
Raytheon parent RTX settles false claims, defective pricing, Qatar FCPA violations for $950M
The other shoe has finally dropped for Raytheon and parent company RTX Corp., as two U.S. regulators announced $950 million in penalties to settle transgressions related to using false information to set prices in defense contracts,
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?
Raytheon agrees to pay nearly $1 billion for overcharging U.S. government, bribing Qatar officials
Raytheon has agreed to nearly $1 billion in fines for overcharging the U.S. and bribing Qatar officials, the Department of ...
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Raytheon Agrees to Pay Over $950M for Defective Pricing, Foreign Bribery and Export Control Schemes
Raytheon Company, a subsidiary of RTX (formerly Raytheon Technologies Corporation) in Arlington, Va., has agreed to pay over ...
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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.
Arms Manufacturer Raytheon Fined Almost $ 1 Billion In The United States
By Alimat Aliyeva Raytheon, which is the daughter of the largest contractor of the US Department of Defense, Ray ...