Crime Raytheon Fined for Exporting to China, Russia and Iran

[Orgasmo]

Ladies, this is how loyal your typical "American" defense contractor is when they think they can get away with it. Paying a $200 million fine is chump change to the amount of money they made selling you out.

Raytheon will pay a $200 million fine for the unauthorized export of defense technology to China, Russia, Iran, and elsewhere, the State Department announced today.

The settlement will cover 750 violations of the Arms Export Control Act and the International Traffic in Arms Regulations, or ITAR, according to State’s press release. It allows the company to put half of the fine toward “remedial compliance measures to strengthen RTX’s compliance program.”

The settlement “addresses RTX’s unauthorized exports of defense articles resulting from the failure to establish proper jurisdiction and classification; unauthorized exports of defense articles, including classified defense articles; unauthorized exports of defense articles by employees via hand-carry to proscribed destinations,” according to the statement.

Those destinations include China, Iran, Lebanon, and Russia, according to the department’s charging letter, which includes additional details about the settlement. The letter describes violations from August 2017 to September 2023.

Company employees traveled to these countries bearing classified and controlled technical data from a slew of Pentagon aircraft and weapons programs, including the stealthy F-22 fighter jet and the E-3 radar plane.

RTX fined $200M for exporting defense tech to China, Russia, Iran

Among other violations, employees traveled abroad with unauthorized technical data about U.S. aircraft and other weapons.

www.defenseone.com

 

[Sakuraba'sEar]

They basically got away with it

 

[Deleted member 585708]

 

[Pliny Pete]

They shoulda just killed everybody like Boeing

 

[emefer]

A fine? Should be a corporate death sentence

 

[Kassitus]

This is a prime example of capitalism fucking things up comparable to the mismanagements of the soviets.