Recently, Raytheon Corporation (RTX), one of America’s largest defense contractors, got hit with a whopping $200 million fine from the State Department.
Why? Because they apparently messed up—big time.
RTX was caught red-handed shipping sensitive military information to places like Russia, China, and Iran.
This wasn’t just a one-off mistake, either.
We’re talking about 750 violations of the International Traffic in Arms Regulations (ITAR) over a span of six years.
As military veterans, we know firsthand the value of the information they let slip, and trust me, this is a serious issue.
Here’s a more in-depth look at what we think about this report.
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