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Raytheon to pay 2.75 million to settle falsified labor estimates
The Justice Department said Raytheon Missile Systems division in Lowell Massachusetts will pay 2.75 million to resolve charges it falsified labor estimates on 26 Navy Sparrow Seasparrow and Sidewinder missile contracts from 1982 to 1988. inflated costs came from false estimates for work by senior engineers and technicians on ground support equipment.
MENTIONED IN THIS ARTICLE
Washington
Raytheon Co
Navy
Justice Department
Department
Missile Systems Division
Lowell
Mass