Raytheon Co., part of parent defense contractor RTX, will pay more than $950 million to resolve Justice Department allegations that it defrauded the Defense Department (DOD) and paid bribes to a government official in Qatar to get business in the country.

RTX, the defense contractor formerly known as Raytheon, agreed to pay the U.S. government to resolve criminal charges

The Justice Department announced the defense contractor has agreed to three years of independent monitoring after violating the Foreign Corrupt Practices Act.

RTX agreed on Wednesday to pay about $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.

RTX Subsidiary Raytheon agreed to pay over $950 million to settle DOJ investigations involving government contract fraud, foreign bribery, and Arms Export Control Act violations. The company also settled with the SEC for $124 million over violations of the Foreign Corrupt Practices Act related to bribes to Qatari officials to secure defense contracts.