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RTX Corp to Pay Over $950M in Settlement Over Fraud, Bribery in...

October 18, 2024 @ 10:43 AM

RTX Corporation, formerly known as Raytheon, has agreed to pay over $950 million to settle allegations of fraud and bribery, including inflated costs on contracts for Patriot missile systems and illegal payments to secure defense deals with Qatar. The allegations include inflated billing practices and illegal payments made to secure contracts...

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