Raytheon to Pay Over $950 Million in Settlement Over Fraud, Bribery, and Export Violations

By Tom Ozimek Raytheon, a subsidiary of defense contractor RTX, has agreed to pay more than $950 million to resolve federal investigations into government contract fraud, as well as violations of anti-corruption and export control laws. The settlement, announced by the Department of Justice (DOJ) on Oct. 16, addresses allegations involving defective pricing on military […]