Raytheon settles $950 million for US government fraud investigations, including fraudulent pricing and foreign corrupt practices.

Raytheon, a major defense contractor, has agreed to a $950 million settlement to resolve U.S. government fraud investigations. The settlement addresses allegations of fraudulent pricing on government contracts and violations of foreign corrupt practices and arms export control laws. This follows another penalty of $252 million related to bribery charges in Qatar.

October 16, 2024
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