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Pete Hegseth’s Department of Defense has handed a contract extension worth up to $400 million to a weapons firm that has admitted to fraud against the government. (www.thedailybeast.com)
submitted 1 week ago by to c/politics@sh.itjust.works
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Raytheon was awarded the massive deal just a month after officials determined it wouldn’t be suspended for its past actions, the Daily Beast’s sister Substack, PunchUp, reported.

The Missile Defense Agency has handed the subsidiary of major arms manufacturer RTX a two-year no-compete extension worth up to $394 million to maintain government radars, with $112.3 million already obligated, the Pentagon announced last week.

The decision came just a month after RTX said the Navy had decided Raytheon would remain eligible for government contracts, despite the company admitting in 2024 that it inflated the price of a radar maintenance deal with the Air Force by $11.1 million in 2017 and 2018.

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[–] 17 points 1 week ago

It's Raytheon. A little fraud is good business.

It's not like they'd drop them since they'd probably shut off all their systems on the dod that uses their software and hardware.

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    [–] 4 points 1 week ago

    Fraud for me but not for thee. Oh but the fraud for me COSTS THEE MONEY because now they can charge whatever they feel like.

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    [–] 2 points 1 week ago

    The same Raytheon that produces GPUs?

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    [–] 2 points 1 week ago

    sounds pretty prosecutable at some point

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    [–] 1 point 1 week ago

    Oh you mean how CVS Caremark has Medicare part D contracts even though they keep getting nailed for fraud?

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