The Raytheon subsidiary of defense contractor RTX agreed to pay more than $950 million to settle U.S. Department of Justice investigations. Raytheon was charged in New York federal court with a scheme to bribe a high-level government official in Qatar to obtain lucrative business there,

RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay more than $950 million to resolve allegations that it defrauded the government and paid bribes to secure business

RTX Subsidiary Raytheon agreed to pay over $950 million to settle DOJ investigations involving government contract fraud, foreign bribery, and Arms Export Control Act violations. The company also settled with the SEC for $124 million over violations of the Foreign Corrupt Practices Act related to bribes to Qatari officials to secure defense contracts.

Raytheon Company, 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

RTX, the defense contractor formerly known as Raytheon, agreed to pay the U.S. government to resolve criminal charges

According to court documents, Raytheon employees and agents offered and paid bribes to a foreign official between 2012 and 2016 to gain an advantage in obtaining lucrative business deals with the Qatar Emiri Air Force and Qatar Armed Forces.

RTX agreed on Wednesday to pay about $950 million to resolve federal charges it defrauded the U.S. Department of Defense into overpaying for defense systems and bribed an official in Qatar to secure business from the Middle East country's air force.

The Justice Department announced the defense contractor has agreed to three years of independent monitoring after violating the Foreign Corrupt Practices Act.

The settlement resolves a series of federal probes, including one that was opened after a lawsuit in California accused the defense contractor of funneling $1.9 million in bribes to a brother of Qatar’s emir.

RTX Corp., the defense contractor formerly known as Raytheon, agreed Wednesday to pay $950 million to resolve allegations that it defrauded the government and paid bribes to secure business with Qatar.