Raytheon agrees to pay $252M penalty to resolve Qatar bribery …
21 hours ago · NEW YORK (AP) — 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 Qatar, federal prosecutors said Wednesday. The company entered into a deferred prosecution agreement on charges of violating the ...
RTX agrees to $950 million settlement over US defense fraud, Qatar ...
23 hours ago · In Brooklyn, prosecutors alleged that Raytheon from 2012 to 2016 conspired to pay bribes to a high-level official with Qatar's air force in exchange for assistance obtaining and retaining business ...
RTX to pay more than $950M to resolve Qatar bribery, fraud claims
20 hours ago · Raytheon made about $36.7 million in profit from the Gulf Cooperation Council contract additions, which involved air-defense system upgrades, and anticipated making more than $72 million on the ...
Defense contractor Raytheon agrees to pay $252M penalty to ... - ABC News
1 day ago · Raytheon made about $36.7 million in profit from the Gulf Cooperation Council contract additions and anticipated making more than $72 million on the joint operations center, but the Qatari ...
Raytheon to pay $950 million to settle fraud, Qatar bribery charges
17 hours ago · By Eva Dou. October 16, 2024 at 6:23 p.m. EDT. The Justice Department announced on Wednesday that defense contractor RTX, formerly known as Raytheon, will pay more than $950 million to resolve ...
Raytheon Agrees to Pay Over $950 Million in Connection with …
19 hours ago · Separately, Raytheon entered into a three-year DPA in connection with a criminal information unsealed today in the Eastern District of New York charging Raytheon with two counts: conspiracy to violate the anti-bribery provision of the FCPA for a scheme to bribe a government official in Qatar and conspiracy to violate the AECA for willfully ...
Defense contractor Raytheon agrees to pay $252M penalty to
19 hours ago · Wed, October 16, 2024, 3:29 PM EDT · 4 min read. NEW YORK (AP) — RTX Corporation, the defense contractor formerly known as Raytheon, agreed Wednesday to pay $950 million to resolve allegations ...
RTX Agrees to Pay More Than $950 Million to Settle US Probes
23 hours ago · Listen. 2:48. RTX Corp. agreed to pay more than $950 million to settle multiple federal probes related to attempts to win business in Qatar and defraud the US in defense contracts. The company ...
Defence group RTX to pay $950mn to resolve US charges over Qatar …
17 hours ago · The company, formerly known as Raytheon, was accused of defrauding the US defence department into paying an extra $111mn for the missile system and the operation of a radar system between 2012 and ...
Raytheon agrees to pay $252m penalty in Qatar bribery case
20 hours ago · Defense contractor Raytheon agrees to pay $252m penalty to resolve Qatar bribery charges. NEW YORK — RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay the U.S ...