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RTX Corporation, the defense contractor formerly known as Raytheon, agreed Wednesday to pay more than $950 million to resolve allegations that it defrauded the government and paid bribes to secure ...
RTX Corporation, formerly Raytheon Technologies Corporation, [3] [4] is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia.It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services.
Raytheon Intelligence, Information, and Services (RIIS or IIS) is a business unit of Raytheon Company headquartered in Dulles, Virginia. [2] IIS specializes in intelligence, surveillance, and reconnaissance , advanced cybersecurity services; weather and environmental services, and information-based services for homeland security .
On 1 July 2021, the USAF awarded Raytheon a cost-plus-fixed-fee contract for the engineering and manufacturing development stage of the LRSO program, with options that could take the contract to about US$2 billion. DefenseNews reported that the USAF could buy more than 1,000 AGM-181 missiles, which are projected to have a range in excess of ...
Raytheon will pay a $146.8 million criminal penalty to resolve that criminal fraud case and another $428 million to resolve related civil claims brought under the False Claims Act.
On 12 September 2021 a test of the GBI, which is designed to use a three-stage booster, successfully met its goal of operating as a two-stage booster for an EKV. [ 25 ] [ 11 ] Think of it as just telling the third stage not to fire, which allows the kill vehicle to open its eyes, unbuckle its seatbelt, and get to work that much sooner.
Raytheon Co., part of parent defense contractor RTX, will pay more than $950 million to resolve Justice Department allegations that it defrauded the Defense Department (DOD) and paid bribes to a ...
The MKV concept provided the capability for more than one kill vehicle to be launched from a single booster. The system included a carrier vehicle with on-board sensors and a number of kill vehicles, each equipped with its own navigation thrusters and weighing around 10 pounds (4.5 kg). With multiple kill vehicles on a single target "cloud" the ...