Get the latest tech news
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.
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. 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. Last month, RTX told investors during an earnings call that it set aside more than$1 billion to settle a number of government investigations, including a State Department inquest into export-control violations.
Or read this on r/technology