Justice Dept.: Raytheon Company to Pay Over $950M in Connection With Defective Pricing, Foreign Bribery, Export Control Schemes
October 17, 2024
October 17, 2024
WASHINGTON, Oct. 17 -- The U.S. Department of Justice issued the following news release:
Raytheon Company (Raytheon) -- a subsidiary of Arlington, Virginia-based defense contractor RTX (formerly known as Raytheon Technologies Corporation) -- will pay over $950 million to resolve the Justice Department's investigations into: (i) a major government fraud scheme involving defective pricing on certain government contracts and (ii) violations of the Foreign Corrupt Practices Act (FCPA) a . . .
Raytheon Company (Raytheon) -- a subsidiary of Arlington, Virginia-based defense contractor RTX (formerly known as Raytheon Technologies Corporation) -- will pay over $950 million to resolve the Justice Department's investigations into: (i) a major government fraud scheme involving defective pricing on certain government contracts and (ii) violations of the Foreign Corrupt Practices Act (FCPA) a . . .