Contractor That Admitted To Fraud Gets $400M Deal

Contractor That Admitted To Fraud Gets $400M Deal

Punch Up reports: Pete Hegseth’s Department of Defense has handed a contract extension worth up to $400 million to a weapons firm that has admitted to fraud against the government. Raytheon was awarded the massive deal just a month after officials determined it wouldn’t be suspended for its past actions. The Missile Defense Agency has … The post Contractor That Admitted To Fraud Gets $400M Deal appeared first on Joe.My.God..

Hegseth's Pentagon hands massive no-bid deal to firm that admitted defrauding military

Defense Secretary Pete Hegseth’s Pentagon has awarded weapons maker Raytheon a no-bid contract extension worth up to $394 million — despite its admission to defrauding the military, PunchUp reported Monday.The two-year radar maintenance extension came a month after the Navy determined that Raytheon could remain eligible for government contracts despite the fraud, according to the report.“These schemes to defraud caused the DOD to pay Raytheon ov…

Trump’s Pentagon rewards admitted fraudster with $400M no-bid deal

Donald Trump’s Pentagon has given Raytheon a no-bid contract extension of up to $394 million after the manufacturer admitted to fraud. The move by Defense Secretary Pete Hegseth’s department is for the weapons manufacturer that, only two years back, put on record that it had overbilled the government in excess of $111 million.The Missile Defense Agency awarded the contract to Raytheon, an RTX subsidiary, to continue upkeep of its AN/TPY-2 radar …

Pentagon Pete Busted Handing $400M to Fraud Firm

Navy officials agreed that a severe punishment was “not necessary.”