RTX Reaches $1B In Settlements Over Raytheon Bribery Allegations

Patriot missile system.
 
Credit: JLBvdWOLF / Alamy Stock Photo
RTX has agreed to pay almost $1 billion in fines and settlements with the U.S. government and enter deferred prosecution deals with prosecutors and regulators over alleged foreign military contract bribery regarding Qatari work, as well as inflating Patriot air defense costs, the company and...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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