Raytheon agrees to pay $950 million to resolve Qatar bribery charges

NEW YORK CITY, New York: Defense contractor RTX Corporation, formerly known as Raytheon, has agreed to pay more than US$950 million to settle U.S. government charges of bribery involving contracts with Qatar, according to federal prosecutors.

This settlement follows accusations that between 2012 and 2016, Raytheon employees and agents offered bribes to a foreign official to secure lucrative deals with the Qatar