Raytheon is a major missile manufacturer. Founded in 1922, it makes Patriot & Tomahawk missiles and the GBU- 28, a 5,000-pound "bunker buster" bomb. In addition to missiles, Raytheon also builds sensors and radars used on drone aircraft used in Afghanistan, Iraq, Pakistan and Yemen. E-Systems, now a Raytheon subsidiary, won a contract to maintain planes for the U.S.-funded Operation Condor to monitor drug trafficking in the Mexican state of Sinaloa in the mid-1970s. A 1985 U.S. congressional study found that the contract was ''a shambles ... There are no adequate records to indicate how the funds have been and are being spent.'' The study also cited incidents of planes being used for joy rides.
Aerospace, Defense, Electronics, Information security
|Top 5 Offense Groups (Groups Defined)||Penalty Total||Number of Records|
(April 16, 2021)
The Creative Ordeal: The Story of Raytheon by Otto J. Scott (Atheneum, Janurary 1974).
Kelly Chan | The Huntington News | February 19, 2020
Students and members of peace or anti-war groups in Boston protested outside of Cabot Center last Friday in response to Raytheon’s appearance at Northeastern’s Spring Career Fair.
Leonora LaPeter Anton | Tampa Bay Times | August 24, 2012
Seventy-five protesters, many dressed in pink, gathered outside the local production plant of Raytheon on Thursday, denouncing the defense contractor for its role in drone warfare.
The Nuclear Resister | October 3, 2011
dozen activists gathered outside of Raytheon Missile Systems in Tucson, Arizona at 7 a.m. Monday morning, October 3 to protest drone warfare and war profiteering.
- American Friends Service Committe: Investigate
- Arms and Security Project
- Campaign Against Arms Trade
- Project On Government Oversight
- War Resisters’ International
United States Department of Justice | January 11, 2021
John H. Durham, United States Attorney for the District of Connecticut, today announced that RAYTHEON TECHONLOGIES CORPORATION (“RTC”) and its subsidiary, HAMILTON SUNDSTRAND CORPORATION (“HSC”), have entered into a civil settlement agreement ...
Zachary Vasile | The Journal Inquirer | Oct 30, 2020
The U.S. Department of Justice is requesting access to 11 years’ worth of records as part of a criminal investigation of Raytheon Technologies Corp.
Collins Aerospace parent Raytheon discloses criminal probe over financial accounting in defense business
Hartford Courant | The Gazette | October 29, 2020
Shares of Raytheon Technologies Corp., parent company of Collins Aerospace, Cedar Rapids's largest employer, fell nearly 7.5 percent Wednesday after the defense and aviation giant disclosed that its financial accounting is being investigated by the U.S. Department of Justice in a criminal probe.
SEC Settles With Raytheon Company, Former CEO, and Subsidiary Controller for Improper Disclosure and Accounting Practices
U.S. Securities and Exchange Commission | 2006
The Securities and Exchange Commission announced today that it has instituted settled enforcement proceedings against Raytheon Company (Raytheon), its former Chairman and CEO, Daniel P. Burnham, and the former Deputy CFO and Controller of Raytheon Aircraft Company (RAC), Aldo R. Servello.
Catalin Cimpanu | ZDNet | February 2, 2020
The FBI arrested a Raytheon employee last week for taking a work laptop with information about US missile defense systems to China despite his employer's warnings -- and by doing so breaking arms and weapons export laws.
Barker / Cook | August 23, 2018
Upon choosing to turn in a letter of resignation, companies in Florida and elsewhere may expect an employee to turn over any sensitive materials before accepting a position with a competitor.
Paul Tennant | Eagle Tribune | September 20, 2017
Raytheon production employees, whose contract is due to expire Saturday morning, are demanding better medical coverage from the prominent missile manufacturer.
Note: Most recent list is not always the most complete list.
- Raytheon Subsidiaries (via U.S. SEC 2020)
- Raytheon Subsidiaries (via U.S. SEC)
- Raytheon Subsidiaries (via U.S. SEC)
Croctail Subsidiary Tool using the CorpWatch API - This API uses automated parsers to extract the subsidiary relationship information from Exhibit 21 of companies' 10-K filings with the SEC.
Ahan Penkar | Journalism Fund EU | June 30, 2021
The Netherlands is an important financial centre behind the international arms trade. Research from The Investigative Desk (the Netherlands) and an Indian news outlet shows how some of the biggest arms companies in the world use the Netherlands as an intermediary to wire profits to tax havens.
Martin Broek | Transnational Institute | May 2016
The revelations of the leaked Panama Papers in April 2016 pushed the issue of tax and tax evasion
high up the international political agenda.
Reuters | Wall Street Journal | September 7, 2021
U.S. authorities are investigating whether payments by U.S. weapons maker Raytheon Technologies Corp (RTX.N) to a consultant for the Qatar Armed Forces may have been bribes intended for a member of the country's ruling royal family, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.