Defense contractor RTX agrees to pay more than $950 million to resolve bribery, fraud claims
RTX Corporation has agreed to pay the U.S. government $252 million to resolve criminal charges alleging it paid bribes to secure contracts with Qatar.
Defense Contractor Raytheon Settles Bribery, Allegations for $950 Million
Under the deal, prosecutors have agreed to dismiss the criminal charges against the defense company in three years if it abides by the terms of the deal, which include hiring an independent compliance monitor.
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 will pay almost $1B for defrauding DOD, allegedly bribing Qatari official
Defense giant Raytheon will pay the U.S government more than $950 million for defrauding the Pentagon and allegedly bribing a Qatari official, the Justice Department announced today.
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.
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 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 RTX to pay $950 million to resolve bribery and fraud allegations
RTX Corp., the defense contractor formerly known as Raytheon, agreed Wednesday to pay $950 million to resolve allegations that it defrauded the government and paid bribes to secure business with Qatar.
Defense firm reaches deal to end Qatar bribery case
We’ve already taken robust corrective actions to address the legacy gaps that led to these issues.” According to court documents, Raytheon employees and agents offered and paid bribes to a foreign official between 2012 and 2016 to gain an advantage in obtaining lucrative business deals with the Qatar Emiri Air Force and Qatar Armed Forces.
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