The aircraft carrier USS Theodore Roosevelt transits the Pacific Ocean in 2020. Photo: U.S. Navy photo by Mass Communication Specialist Seaman Alexander Williams 'Export Violations'?: RTX Settles Civil Charges With $200M Consent Agreement
Some of the alleged unauthorized exports consisted of "parts, components, and technical data related to sensitive U.S. and foreign government military platforms," such as the Tomahawk cruise missile, according to the proposed charging letter documenting alleged RTX violations.
September 05, 2024 at 11:05 AM
3 minute read
Federal Government
The original version of this story was published on National Law Journal
What You Need to Know
- RTX will pay a $200 million civil penalty and implement remedial measures under a consent agreement.
- The aerospace and defense company reached a settlement agreement with the U.S. State Department disposing of potential civil charges.
- RTX voluntarily disclosed hundreds of alleged export violations to federal officials.
An aerospace and defense company has agreed to pay $200 million in civil penalties under a settlement agreement with the Biden administration disposing of alleged export violations.
RTX Corp. faced potential civil charges and sanctions after voluntarily disclosing 750 alleged violations of the Arms Export Control Act and International Traffic in Arms Regulations, the U.S. State Department announced this past Friday.
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