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Raytheon to pay $950 mn over fraud, bribery schemes
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.
RTX subsidiary Raytheon to pay more than $950 million to settle foreign bribery, export control fraud probes
The huge legal settlement by Raytheon related to bribery in Qatar, and to defrauding the Pentagon in regard to the Patriot Missile systems.
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 Justice said Wednesday.
1d
on MSN
Defense contractor Raytheon to pay almost $1B for defrauding DOD
Raytheon Co., part of parent defense contractor RTX, will pay more than $950 million to resolve Justice Department ...
Compliance Week
2d
Raytheon parent RTX settles false claims, defective pricing, Qatar FCPA violations for $950M
The other shoe finally dropped for Raytheon and parent company RTX, as two U.S. regulators announced nearly $1 bilion in ...
Eagle-Tribune
1d
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 ...
1d
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 ...
2d
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 ...
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2d
Raytheon UK awarded contract extension for CyberFirst Schools
The UK’s National Cyber Security Centre (NCSC) has awarded Raytheon UK, and its UK-based consortium, a contract extension to ...
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RTX
United States
Massachusetts
Qatar
Arms Export Control Act
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