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Raytheon will pay a $146.8 million criminal penalty to resolve that criminal fraud case and another $428 million to resolve related civil claims brought under the False Claims Act.
RTX Corporation, the defense contractor formerly known as Raytheon, agreed Wednesday to pay more than $950 million to resolve allegations that it defrauded the government and paid bribes to secure ...
RTX Corporation, formerly Raytheon Technologies Corporation, [3] [4] is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia.It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services.
Raytheon Intelligence & Space is the result of a merger between two former Raytheon Company businesses: Raytheon Intelligence, Information and Services (IIS) and Raytheon Space and Airborne Systems (SAS). The merger was finalized on the day that Raytheon Technologies was formed, on 3 April 2020.
Raytheon Production Corp. v. Commissioner, 144 F.2d 110 (1st Cir. 1944), [1] cert. denied, 323 U.S. 779 (1944) [2] is a United States income tax case that discusses the tax deductibility of damages for loss of business good will. It included the following holdings:
At the center of the allegations in the Massachusetts case are missile systems Raytheon sold to the Department of Defense from 2011 to 2013 and the operation of a radar surveillance system in 2017 ...
The company had a strong internal R&D effort which was quite successful. HRB-Singer provided signal processing equipment and expertise to the US Department of Defense and to international clients in Europe and Asia. In 1988, Singer sold off the Defense unit to corporate raider Paul Bilzerian, who sold each of the companies separately.
RTX Corporation, the defense contractor formerly known as Raytheon, agreed Wednesday to pay more than $950 million to resolve allegations that it defrauded the government and paid bribes to secure ...