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Raytheon to pay $950 mn over fraud, bribery schemes: US
Raytheon to pay $950 mn over fraud, bribery schemes: US
Economy
by  AFP

Raytheon, a subsidiary of major American defense contractor RTX, will pay more than $950 million to resolve fraud and bribery charges, the US Justice Department announced Wednesday. Raytheon has "agreed to pay more than $124 million to resolve charges that it violated the Foreign Corrupt Practices Act," the SEC said. bur-elm-st/wd/des/md/des