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
Raytheon is a huge American company that makes guided missiles. Recently, it has been making a lot of money selling military supplies for the conflict in Ukraine, even though it was struggling just before the war began in February 2022. An analysis of the company’s financial reports shows how they
The outbreak of COVID-19 has not only floored all domestic and international airline operations in India for the time being, but has also put in jeopardy the safety of flight operations upon resumption of services. The validity of India’s GPS Aided Geo Augmented Navigation system (GAGAN) license is expiring on
Does likelihood of an expanded military response to ISIS signal a boom for the arms industry? Stock prices for weapons manufacturers sharply increased just after the terrorist attacks in Paris. When the New York Stock Exchange opened Monday morning, less than three days after terrorists attacked in Paris, five leading
