RTX subsidiary Raytheon to pay more than $950 million to settle foreign bribery, export control fraud probes

The Raytheon Technologies, recently renamed RTX Corporation, headquarters building is seen at dusk on January 20, 2024, in Arlington, VA. The Raytheon subsidiary of defense contractor RTX agreed Wednesday to pay more than $950 million to settle Department of Justice investigations into an alleged government contract fraud scheme, violations of foreign bribery laws and the Arms Export Control Act. Raytheon also agreed to enter into deferred prosecution agreements involving that conduct in federal district co ...