Defense contractor Raytheon agrees to pay more than $950 million to resolve bribery, fraud claims
RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay the U.S. government $252 million to resolve
Defense Contractor to Pay $950M to Resolve Bribery and Fraud Allegations
Defense contractor RTX Corporation, formerly Raytheon, agreed on Wednesday to a $950 million settlement with U.S. authorities to resolve allegations of bribery and fraud related to its defense contracts with Qatar.
RTX agrees to $950 million settlement over US defense fraud, Qatar bribery
RTX agreed to pay nearly $950 million to resolve federal charges it defrauded the U.S. Department of Defense into overpaying for defense systems and bribed an official in Qatar to secure business from the Middle East country's air force.
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 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.
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 Qata
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
RTX agrees to pay $252M penalty to resolve Qatar bribery charges
According to court documents, company employees offered and paid bribes to secure contracts with the Qatar Emiri Air Force and Qatar Armed Forces.
RTX agrees to pay $280M penalty to resolve Qatar bribery charges
RTX (NYSE:RTX) agreed to pay more than $280 million to resolve a government probe into allegations of bribes in the Middle East and violations of U.S. arms-control regulations. The settlement between RTX (RTX),
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