Raytheon Company to Pay Over $950M in Connection with Defective Pricing, Foreign Bribery, and Export Control Schemes
www.justice.gov
Raytheon Company (Raytheon) — a subsidiary of Arlington, Virginia-based defense contractor RTX (formerly known as Raytheon Technologies Corporation) — will pay over $950 million to resolve the Justice Department’s investigations into: (i) a major government fraud scheme involving defective pricing on certain government contracts and (ii) violations of the Foreign Corrupt
  • @jpreston2005
    7•2 months ago

    So, the company that congress is heavily invested in. The company that isreal and Ukraine buys massive amounts of weapons from. The company that benefits from congress funneling massive amounts of money to isreal. Was just caught bribing foreign officials and;

    Raytheon admitted to engaging in two separate schemes to defraud the Department of Defense (DOD) in connection with the provision of defense articles and services, including PATRIOT missile systems and a radar system.

    …bro, what.

    So this is one of those enormously important stories that nobodies going to talk about, huh?