SEC Charges Virginia-Based RTX Corp. With Violating Foreign Corrupt Practices Act in Connection With Efforts to Obtain Contracts With the Qatari Military
October 17, 2024
October 17, 2024
WASHINGTON, Oct. 17 -- The Securities and Exchange Commission issued the following news release on Oct. 16, 2024,
The Securities and Exchange Commission today announced that RTX Corporation, a Virginia-based aerospace and defense company, agreed to pay more than $124 million to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) in connection with payments made to assist in obtaining contracts with the Qatari military. RTX, which was named Raytheon Technologie . . .
The Securities and Exchange Commission today announced that RTX Corporation, a Virginia-based aerospace and defense company, agreed to pay more than $124 million to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) in connection with payments made to assist in obtaining contracts with the Qatari military. RTX, which was named Raytheon Technologie . . .