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Raytheon to pay $950m for FCPA, export control allegations

Image of a Patriot missile (labeled as such) with the word Raytheon visible behind it on a sign.
Photo: Barry Iverson/Getty Images

Julie DiMauro

2 min read
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The DOJ alleged Raytheon defrauded DOD into paying over $111m more than it should have in contracts to buy Patriot missile systems and operate radar.

The Raytheon subsidiary of defense contractor RTX agreed to pay more than $950m to settle US Department of Justice (DOJ) investigations. The Arlington, Virginia-based company also settled civil claims by the DOJ arising out of a whistleblower lawsuit by a former employee, and it agreed to resolve a related foreign bribery

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