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 $950 million to resolve the government’s investigations into a major government fraud scheme involving defective pricing on certain government contracts and violations of the Foreign Corrupt Practices Act (FCPA) and
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RTX (ex-Raytheon) busted for ‘extraordinary’ corruptionIndictments of arms contractors for corruption and malfeasance are not uncommon, but recently revealed cases of illegal ...
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 ...
Raytheon Technologies plays a significant role in Virginia’s defense sector, shaping not only the state’s economy but also ...
The other shoe finally dropped for Raytheon and parent company RTX, as two U.S. regulators announced nearly $1 bilion in ...
RTX’s bombs regularly kill children and civilians. It does white-collar crimes too, according to a $950 million fraud and ...
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Raytheon's CEO said on an earnings call that the company stood to 'benefit' from DoD budget increases due to the war in Israel"I think really across the entire Raytheon portfolio, you're going to see a benefit of this restocking," Hayes said on the call. "On top of what we think is going to be an increase in DOD top line." ...
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