American defence giant Raytheon fined $200M (CAD 270M) for export breaches
Among the entities dealing with the Putin regime despite the imposed sanctions, there were not only entities from countries favourable to Russia but also the large American defence conglomerate Raytheon.
The Ukrainian military service reported the penalty imposed on Raytheon (RTX). The American company was penalized for 750 violations of export regulations, totaling $200 (CAD 270) million.
This information was confirmed by an official statement from the US Department of State, emphasizing full cooperation from RTX. According to Ukrainian sources, most of the violations attributed to the American conglomerate stem from the actions of Rockwell Collins, which Raytheon acquired.
The charges concern, among other things, the "unauthorized export" of defence articles, including those classified under secrecy clauses. Half of the imposed penalty may be suspended if Raytheon uses these funds to improve internal procedures to prevent similar incidents in the future.
What does Raytheon produce?
The Raytheon conglomerate is one of the pillars of the American defence industry, responsible for the development and production of critical weapons systems. Raytheon produces, among other things, the MIM-104 Patriot anti-aircraft systems and anti-ballistic and hypersonic weapons such as the Stunner missiles or the Exoatmospheric Kill Vehicle (EKV).
Raytheon also produces BGM-109 Tomahawk cruise missiles and FGM-148 Javelin anti-tank missiles.
Various types of radars also occupy an important place among Raytheon's products, including equipment that forms part of the most important types of American aircraft, such as the radars for various versions of the F/A-18 Hornet aircraft, the APG-63/APG-70 radars for the F-15, or the AN/APQ-181 radar used in the stealthy B-2 Spirit strategic bomber.
