Defense contractor RTX agrees to pay more than $950 million to resolve bribery, fraud claims

Defense contractor RTX agrees to pay more than $950 million to resolve bribery, fraud claims

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Social Studies

University

Hard

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RTX will pay over $950 million to settle fraud and bribery allegations, including penalties, fines, and restitution related to inflated Defense Department billing. The company was accused of bribing a Qatari military official between 2012 and 2016. RTX has acknowledged responsibility for these actions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What amount is RTX willing to pay to resolve the allegations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What types of penalties will the money cover in the criminal cases?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the nature of the accusations against the company?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Who was the high-ranking official involved in the bribery allegations?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What did RTX state regarding the conduct that occurred?

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