Raytheon fined £153m for export violations amidst Ukraine conflict
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.
31 August 2024 07:33
The Ukrainian military service reported the penalty imposed on Raytheon (RTX). The American company was penalised for 750 violations of export regulations, totalling £153 million.
This information was confirmed by an official statement from the US Department of State, emphasising 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 was acquired by Raytheon.
The charges concern, among other things, the "unauthorised export of technical data," 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 key weapons systems. Raytheon produces, among other things, the MIM-104 Patriot anti-aircraft systems, as well as anti-ballistic and hypersonic weapons such as the Stunner missiles or the Exoatmospheric Kill Vehicle (EKV).
Raytheon is also responsible for the production of 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.