Office of Public Affairs | Raytheon Company to Pay Over $950M in ...
Oct 16, 2024 · As part of the DPA, Raytheon and RTX have agreed to continue to cooperate with the Criminal Division’s Fraud Section, the National Security Division’s Counterintelligence and Export Control Section, and the U.S. Attorney’s Office for the Eastern District of New York in any ongoing or future criminal investigations.
U.S. Department of State Concludes $200 Million Settlement …
Aug 30, 2024 · The U.S. Department of State has concluded an administrative settlement with RTX Corporation (RTX) to resolve 750 violations of the Arms Export Control Act (AECA), 22 U.S.C. § 2751 et seq., and the International Traffic in …
Raytheon Agrees to Pay Over $950 Million in Connection with …
Oct 16, 2024 · BOSTON – Raytheon Company (Raytheon), a subsidiary of RTX (formerly Raytheon Technologies Corporation) in Arlington, Va., has agreed to pay over $950 million to resolve the government’s investigations into a major government fraud scheme involving defective pricing on certain government contracts and violations of the Foreign Corrupt Practices Act (FCPA) and the Arms Export
Raytheon Company to Pay Over $950M in Connection with …
Oct 16, 2024 · In light of these considerations, as well as Raytheon’s prior history, which includes three prior civil or regulatory enforcement actions: A 2013 consent agreement with the U.S. State Department concerning civil ITAR and Arms Export Control Act violations, in connection with which Raytheon agreed to hire an independent special compliance ...
State Department, RTX reach $200M settlement for export violations
Aug 30, 2024 · The settlement comes as a result of RTX’s voluntary disclosures, involving 750 violations of the Arms Export Control Act and International Traffic in Arms Regulations (ITAR) between...
RTX agrees to $200M settlement over illegal defense exports
Sep 2, 2024 · The US Department of State reached a settlement with RTX Corporation (RTX) over 750 violations of the Arms Export Control Act (AECA) and International Traffic in Arms Regulations (ITAR).
Boeing fined $51 million for violating Arms Export Control Act
Mar 1, 2024 · Boeing has agreed to pay $51 million for violating exports controls of military technology, including employees in China downloading sensitive data from numerous defense aircraft and missiles.
RTX fined $200M for exporting defense tech to China, Russia, Iran
Aug 30, 2024 · Russia. Iran. Raytheon will pay a $200 million fine for the unauthorized export of defense technology to China, Russia, Iran, and elsewhere, the State Department announced today. The settlement...
Pentagon watchdog finds some Western weaponry sent to …
Jul 20, 2023 · CNN — Criminals, volunteer fighters and arms traffickers in Ukraine stole some Western-provided weapons and equipment intended for Ukrainian troops last year before it was recovered, according to...
House Committee on Foreign Affairs Hearing: Modernizing U.S. Arms …
May 24, 2023 · The United States maintains defense export controls, under the Arms Export Control Act, or AECA, and International Traffic and Arms Regulations, or ITAR, to secure technologies that provide a critical military or intelligence advantage—in this case, within the AUKUS authorization.