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RTX Agrees to More Than $950 Million in Penalties to Settle Qatar Bribery, Contract Fraud Charges

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.

Seeking Alpha on MSN · 2d

RTX agrees to pay $280M penalty to resolve Qatar bribery charges

RTX (NYSE:RTX) agreed to pay more than $280 million to resolve a government probe into allegations of bribes in the Middle East and violations of U.S. arms-control regulations. The settlement between RTX (RTX),

The Associated Press on MSN · 1d

RTX to pay more than $950M to resolve Qatar bribery, fraud claims

According to court documents, company employees offered and paid bribes to secure contracts with the Qatar Emiri Air Force and Qatar Armed Forces.

Compliance Week1d

Raytheon parent RTX settles false claims, defective pricing, Qatar FCPA violations for $950M

The other shoe finally dropped for Raytheon and parent company RTX, as two U.S. regulators announced nearly $1 bilion in ...

RTX Agrees to Pay More Than $950 Million to Settle US Probes

RTX Corp. agreed to pay more than $950 million to settle multiple federal probes related to attempts to win business in Qatar ...

When Blood Money Isn’t Enough: Raytheon Admits to Defrauding Pentagon

RTX’s bombs regularly kill children and civilians. It does white-collar crimes too, according to a $950 million fraud and ...

Defense firm reaches deal to end Qatar bribery case

NEW YORK — RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay the U.S. government $252 million to resolve criminal charges alleging it paid bribes to secure ...

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