butters
High on a Hill
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Raytheon Technologies, a leading American defense contractor, has been fined $200 million by the U.S. Department of State for a series of export regulation violations, including the unauthorized sale of defense articles.
750 Documented Infractions
Half the fine could be suspended if Raytheon agrees to spend that on strengthening internal compliance procedures, in measures set out to prevent further infractions of the strict rules and regs set in place for exporting the kind of defense-related technologies in question.The violations involve the unauthorized export of sensitive defense equipment, some of which were subject to strict confidentiality agreements.
These exports reportedly included sales to Russia, despite ongoing international sanctions and growing geopolitical tensions.
https://www.msn.com/en-us/money/mar...p&cvid=5ef1b3bb846e4cc69ed2196282a69fa5&ei=77Raytheon is a cornerstone of the U.S. defense industry, producing critical military systems such as the MIM-104 Patriot missile defense system, anti-ballistic and hypersonic weapons, and various radar systems.