Raytheon, a subsidiary of defense contractor RTX, has agreed to pay more than $950 million to resolve federal investigations into government contract fraud, as well as violations of anti-corruption and export control laws. The settlement, announced by the Department of Justice (DOJ) on Oct. 16, addresses allegations involving defective pricing on military contracts with the U.S. government, as well as illegal bribes to a Qatari official, with the resolution involving both civil and criminal penalties.
https://activistpost.com/2024/10/raytheon-to-pay-over-950-million-in-settlement-over-fraud-qatari-bribery-and-export-violations.html
Raytheon, a subsidiary of defense contractor RTX, has agreed to pay more than $950 million to resolve federal investigations into government contract fraud, as well as violations of anti-corruption and export control laws. The settlement, announced by the Department of Justice (DOJ) on Oct. 16, addresses allegations involving defective pricing on military contracts with the U.S. government, as well as illegal bribes to a Qatari official, with the resolution involving both civil and criminal penalties. https://activistpost.com/2024/10/raytheon-to-pay-over-950-million-in-settlement-over-fraud-qatari-bribery-and-export-violations.html
ACTIVISTPOST.COM
Raytheon To Pay Over $950 Million In Settlement Over Fraud, Qatari Bribery, And Export Violations - Activist Post
Raytheon has admitted to two major fraud schemes affecting Department of Defense (DoD) contracts, including the provision of missile systems.
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