Patriot missile manufacturer fined almost $1bn
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US weapons maker Raytheon has been charged with foreign bribery and inflating federal contracts The US government has ordered defense contractor Raytheon to pay more than $950 million in fines for inflating federal contracts and bribing high-level foreign military officials, it was announced on Wednesday. According to a press release on the US Justice Department’s website, Raytheon – which is a subsidiary of RTX – has not disputed the allegations. It has agreed to pay the fine and enter into a
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