RTX fined $200M for exporting defense tech to China, Russia, Iran
10 Articles
10 Articles
Defense company RTX has agreed to pay $200 million to settle State Department allegations that it violated U.S. export controls, including by transferring some aircraft technology to China.
Defense company RTX has agreed to pay $200 million to settle State Department allegations that it violated U.S. export controls, including by transferring some aircraft technology to China.
RTX Fined $200 Million Over Defense Exports to China, Iran
Defense contractor RTX Corp. agreed to pay a $200 million fine to settle US government allegations that it violated exports controls by transferring sensitive technology to adversaries such as China, Russia and Iran.
RTX to pay $200M fine for allegedly exporting defense tech to China
RTX, formerly known as Raytheon Technologies, has agreed to pay a $200 million civil penalty for allegedly exporting U.S. defense technology and intellectual property to foreign countries, including China, according to a new State Department announcement. State said the “administrative settlement” will resolve 750 violations of the Arms Export Control Act and International Traffic in Arms Regulations. State said RTX disclosed all its alleged vio…
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