RTX Corporation, the defense company formerly known as Raytheon, has agreed to pay more than $950 million to settle serious accusations of fraud and bribery. These allegations involve cheating the government and making illegal payments to secure business contracts with Qatar.

What Happened?

On a Wednesday in October, RTX entered into legal agreements to avoid a criminal trial. These agreements were made in two federal courts, one in Brooklyn and the other in Massachusetts. As part of ...