The U.S. State Department says Raytheon will pay $4 million in civil penalties and another $4 million to make remedial self-improvements to resolve “hundreds” of civil violations of the Arms Export Control Act and International Traffic in Arms Regulations (ITAR). Defense trade control officials “determined that Raytheon's numerous violations demonstrated a recurring, corporate-wide weakness in maintaining effective ITAR controls.” Raytheon owned up to the violations, even alerting officials ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Raytheon Fined for Violations".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.