RTX to Resolve US Probe Into Charges for Missile Contracts

June 4, 2024, 12:00 PM UTC

RTX Corp. is in the late stages of a deal to settle a criminal investigation by the US government into pricing for missile and defense services, according to people with knowledge of the matter.

The resolution is expected to be finalized as soon as this summer and will conclude an investigation started by the Justice Department’s criminal fraud section with the US attorney’s office in Massachusetts almost four years ago into pricing of various missile and defense contracts, said the people, who asked not to be identified because the information is private.

In April, RTX disclosed it had set aside ...

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