Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 12
- Left
- 4
- Center
- 4
- Right
- 2
- Unrated
- 2
- Last Updated
- 32 min ago
- Bias Distribution
- 33% Center
RTX Corporation, formerly Raytheon Technologies, has agreed to pay over $950 million to settle multiple U.S. government investigations into fraud and corruption, including overcharging on defense contracts, providing defective pricing, and bribing Qatari officials. These issues resulted in violations of the Foreign Corrupt Practices Act and the Arms Export Control Act, primarily stemming from actions before Raytheon's merger with United Technologies in 2020. RTX will enter deferred prosecution agreements in federal courts in New York and Massachusetts, with an independent compliance monitor appointed for three years. The company has allocated $1.24 billion to cover potential legal expenses and fines. By addressing past misconduct and implementing corrective measures, the resolution seeks to restore public trust in the defense contractor.
- Total News Sources
- 12
- Left
- 4
- Center
- 4
- Right
- 2
- Unrated
- 2
- Last Updated
- 32 min ago
- Bias Distribution
- 33% Center
Negative
20Serious
Neutral
Optimistic
Positive
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