Company Directory - Raytheon Technologies Corporation
Company Details - Raytheon Technologies Corporation
Raytheon Technologies Corporation
WebsiteWaltham, United States
Raytheon Technologies Corporation is a major U.S. aerospace and defense company that develops and manufactures advanced systems and technologies, including the Patriot missile system, Javelin anti-tank missiles, and a variety of radar and air defense solutions. It is known for its innovative contributions to defense and security on a global scale.
CCI Score
CCI Score: Raytheon Technologies Corporation
-40.70
0.02%
Latest Event
Raytheon Technologies Lobbying Profile Analysis
An analysis of Raytheon Technologies' lobbying activities as detailed by OpenSecrets, highlighting significant financial expenditures in lobbying efforts that may contribute to the reinforcement of authoritarian policies.
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TOADIE
Raytheon Technologies Corporation is currently rated as a Toadie.
Latest Events
- FEB192025
An analysis of Raytheon Technologies' lobbying activities as detailed by OpenSecrets, highlighting significant financial expenditures in lobbying efforts that may contribute to the reinforcement of authoritarian policies.
-70
Political Contributions and Lobbying Efforts
March 23
Raytheon Technologies is prominently featured in lobbying data, with substantial spending aimed at influencing Congress and federal agencies. This expenditure suggests an active engagement in political processes that may support policies favoring authoritarian practices, raising concerns from an anti-fascist perspective.
- OCT162024
Raytheon, a subsidiary of Raytheon Technologies Corporation, agreed to pay over $950 million to settle government investigations into fraudulent pricing schemes, false cost submissions, and bribery. The settlement highlights serious breaches in ethical business conduct that undermined fair government contracting practices and eroded public trust.
-80
Business Practices and Ethical Responsibility
March 23
Raytheon engaged in deliberate and deceptive business practices by providing false pricing data and engaging in bribery, culminating in a nearly $950 million settlement. This misconduct not only defrauded the government but also compromised the integrity of the defense procurement process, undermining ethical responsibility and the trust placed in corporate governance.
- AUG302024
Raytheon Technologies Corporation reached a $200M settlement related to export violations of ITAR-controlled defense technology, exposing gaps in its compliance practices that could jeopardize national security.
-70
Business Practices and Ethical Responsibility
March 23
Raytheon Technologies disclosed and settled approximately 750 violations under ITAR involving sensitive defense information while employees were abroad. This breach in ethical business practices compromises national security and demonstrates a serious lapse in the company's responsibility to safeguard critical technology. While the company has implemented remedial measures following the State Department's enforcement action, the incident underscores significant shortcomings in its compliance protocols.
State Department, RTX reach $200M settlement for export violations
- AUG302024
Raytheon Technologies Corporation faced a $200 million fine for the unauthorized export of advanced defense technology to countries including China, Russia, Iran, and others. This event reflects a significant failure in ethical business practices and raises concerns about enabling authoritarian regimes through the provision of advanced militarized technologies.
-70
Business Practices and Ethical Responsibility
March 23
Raytheon’s violation of export controls by shipping defense technology to authoritarian regimes demonstrates a disregard for ethical business practices and regulatory compliance. The unauthorized exports not only violate U.S. law but also potentially empower oppressive governments with advanced military capabilities, undermining global security and democratic values.
RTX fined $200M for exporting defense tech to China, Russia, Iran
-65
Technology and Services Impact
March 23
The export of highly advanced defense technology to regimes known for authoritarian practices contributes negatively to global stability. By facilitating the transfer of potentially repressive technologies, Raytheon is indirectly bolstering the military capabilities of governments that uphold authoritarian values, which is deeply concerning from a democratic and human rights perspective.
RTX fined $200M for exporting defense tech to China, Russia, Iran
- AUG302024
Raytheon Technologies Corporation (RTX) has been imposed a $200 million fine by US authorities for unauthorized exports of defense technology to China, Russia, Iran, and Lebanon. The violation involved 750 breaches of export control laws including the Arms Export Control Act and ITAR, raising serious concerns about the company’s compliance and ethical responsibility in handling sensitive defense technologies.
-70
Business Practices and Ethical Responsibility
March 23
RTX's failure to adhere to export control regulations has resulted in a significant fine, highlighting unethical business practices. The unauthorized export of defense technologies not only breaches legal requirements but also potentially empowers authoritarian regimes by providing them with advanced military capabilities.
-65
Provision of Repressive Technologies
March 23
The unauthorized export of advanced defense technology poses a risk by facilitating the acquisition of repressive technological capabilities by authoritarian regimes. This rating reflects serious concerns about the company’s role in proliferating technologies that can be used for surveillance, censorship, or other oppressive measures.
- JUL022024
A class action lawsuit alleges that Raytheon systematically discriminates against older job applicants by favoring younger candidates, using language in job postings and application processes that effectively screen out older workers, in violation of age discrimination laws.
-80
Labor Relations and Human Rights Practices
March 23
The lawsuit details how Raytheon’s recruitment practices include eligibility requirements and job posting language that explicitly favor younger candidates, thereby systematically excluding older job seekers. This pattern not only undermines fair labor practices but also symbolizes a broader disregard for workers' rights, making the company's behavior complicit in discriminatory practices.
Job Applicant Sues Aerospace Company Raytheon Over Alleged Age Discrimination
- JUN112024
Raytheon is being sued in a class-action lawsuit alleging systematic age discrimination in its hiring practices, favoring recent college graduates over older, qualified candidates despite an EEOC determination against such discrimination.
-80
Labor Relations and Human Rights Practices
March 23
The lawsuit alleges Raytheon has engaged in discriminatory hiring practices by systematically rejecting older, experienced applicants in favor of recent college graduates, in violation of the ADEA and an EEOC ruling. This reflects negatively on the company's commitment to fair labor practices and human rights, contributing to systemic exclusion and unethical business practices.
Raytheon Faces 9 Counts Of Misconduct In An Age Discrimination Class Action Lawsuit
- JUN112024
A class action lawsuit filed in federal court in Boston alleges that Raytheon intentionally implemented hiring practices that discriminate against older workers by favoring recent graduates, thereby violating the Age Discrimination in Employment Act and related state laws.
-70
Labor Relations and Human Rights Practices
March 23
The article details a class action lawsuit that accuses Raytheon of systematically excluding and deterring older workers from applying for positions by advertising roles as only open to recent graduates. This practice, which violates the Age Discrimination in Employment Act and similar state laws, demonstrates a clear disregard for labor rights and fair employment practices. Such discriminatory hiring practices contribute negatively to the company's overall ethical responsibilities towards its workforce.
Lawsuit Alleges Major Government Contractor Raytheon Discriminated Against Older Workers in Hiring
- JUN112024
A class action lawsuit filed on June 11, 2024, alleges that Raytheon Technologies Corporation discriminates against older job seekers by using age-preferential language in its job advertisements, which the complaint argues violates federal and state anti-discrimination laws.
-50
Labor Relations and Human Rights Practices
March 23
The lawsuit and an earlier EEOC determination suggest that Raytheon’s hiring practices discriminate against older, qualified candidates by favoring recent graduates. This indicates a disregard for labor rights and inclusive employment practices, contributing to patterns of systemic exclusion and potentially underpinning broader social inequities. Such discriminatory practices can be seen as aligning with authoritarian capitalist tendencies where labor rights are subverted.
Class action suit alleges Raytheon discriminates against older job seekers
- JUN112024
RTX, formerly Raytheon Technologies Corporation, is facing a federal class-action lawsuit alleging persistent age discrimination in its hiring practices by exclusively targeting younger applicants, thereby undermining fair labor practices.
-80
Labor Relations and Human Rights Practices
March 23
The lawsuit alleges that RTX has systematically engaged in age discrimination by favoring recent graduates over experienced older workers. This practice not only discriminates against a significant portion of the workforce but also undermines labor rights and fair employment practices. Such discrimination contributes to an oppressive work environment that aligns with broader authoritarian tendencies in marginalizing vulnerable groups.
RTX accused by 67-year-old of age discrimination in hiring - USA TODAY
- OCT222023
The recently secured three-year union contract at Raytheon represents a significant gain for labor rights, reinforcing improved working conditions and the power of collective bargaining. This achievement is viewed as a positive step against corporate practices that undermine worker rights and aligns with anti-fascist priorities by bolstering union strength.
+80
Labor Relations and Human Rights Practices
March 23
The new agreement secured by local union Raytheon employees demonstrates a commitment to improved labor relations and worker rights. This is a positive indicator for ethical business practices and contributes to reducing corporate abuse of power, which is essential in countering authoritarian tendencies. Strengthened labor rights through union agreements empower workers and provide a check against exploitative practices.
Local union Raytheon employees secure new three-year agreement
- OCT222023
Raytheon Technologies Corporation ratified a new three-year labor agreement with IAM, ensuring significant wage increases, enhanced retirement security, and improved working conditions for approximately 1,000 members in Tucson, Arizona. This move supports fair labor practices and empowers workers against exploitative practices typically aligned with authoritarian economic structures.
+80
Labor Relations and Human Rights Practices
March 23
The ratified labor agreement at Raytheon facilities highlights a robust commitment to improving worker rights through increased wages, bonuses, and improved benefits. Such actions strengthen labor relations and counteract exploitative management practices, indirectly challenging structures that can support authoritarian regimes. By addressing worker welfare head-on, Raytheon demonstrates a positive stance on ethical labor practices and fair treatment, aligning against the concentrated corporate power that often underpins fascist policies.
Arizona IAM Members at Raytheon Vote to Approve Strong New Labor Agreement
- NOV022022
Raytheon Technologies contributed $374,000 in campaign donations through August 2022 to 65 Republicans who voted against certifying the presidential election results. This action supports lawmakers with election-denying stances, raising concerns about corporate complicity in undermining democratic processes and enabling authoritarian influences.
-50
Political Contributions and Lobbying Efforts
March 23
Raytheon Technologies’ donation of $374,000 to lawmakers who opposed certifying the election highlights a troubling pattern of political contributions that empower individuals with anti-democratic views. This financial maneuver aligns with practices that undermine the democratic process and bolster authoritarian legacies, reflecting a prioritization of business interests over ethical political engagement.
Largest defense firms donate millions to election-denying lawmakers
- APR152022
Raytheon donated to over 30 lawmakers' campaigns and spent nearly $3.5 million on federal lobbying in April 2022 amidst debates on Ukraine defense legislation, potentially influencing policy decisions in favor of aggressive military strategies and undermining democratic accountability.
-60
Political Contributions and Lobbying Efforts
March 23
Raytheon Technologies Corporation has been documented donating significant funds to more than 30 lawmakers' campaigns and political committees while also spending millions on federal-level lobbying. These actions, occurring during debates on Ukraine-related defense legislation, raise concerns about corporate influence in shaping military and foreign policy in ways that may ultimately support authoritarian and aggressive defense postures. Such practices compromise transparency and democratic oversight.
Defense Contractor Raytheon Gave Big Money to Lawmakers Voting on ...
- APR152022
In April 2022, Raytheon Technologies donated funds to more than 30 lawmakers' campaigns and various political action committees, while also spending millions on federal lobbying. This event raises concerns about corporate influence on legislative processes, as these contributions and lobbying efforts occur during critical debates over Ukraine military aid, potentially swaying democratic decision‐making in favor of pro-military policies.
-50
Political Contributions and Lobbying Efforts
March 23
Raytheon’s significant political contributions, including over $51,000 in PAC donations to lawmakers and additional millions spent on federal lobbying, illustrate a concerning level of influence on policy debates regarding Ukraine defense. Such actions may promote a political environment that favors militaristic and authoritarian responses, effectively contributing to the erosion of democratic accountability. These practices have raised alarms among anti-fascist groups who view corporate political spending as detrimental to transparency and political integrity.
Defense Contractor Raytheon Gave Big Money to Lawmakers Voting on ...
- DEC012021
Raytheon Technologies' PAC contributed $1,439,000 to federal candidates during the 2021-2022 election cycle, indicating significant corporate influence in the political process that may support authoritarian policies.
-50
Political Contributions and Lobbying Efforts
March 23
Raytheon Technologies’ PAC contribution of $1,439,000 represents a substantial flow of money into federal political campaigns. From a left-leaning perspective, such political spending can be seen as bolstering candidates who may favor policies that erode democratic oversight, contributing to authoritarian tendencies. This significant financial engagement raises concerns over corporate influence in politics and the potential support for far-right, military-centric agendas.
Raytheon Technologies PAC Contributions to Federal Candidates • OpenSecrets
- JUN011999
An analysis of Raytheon Technologies Corporation’s lobbying efforts and political engagements reveals a deep involvement in influencing public policy and government decisions. The company employs a notable full-time in-house lobbying team and multiple external firms, spends over $1.6 million annually on lobbying, and hires former politicians to shape policy, raising significant concerns regarding its role in bolstering authoritarian influences.
-80
Political Contributions and Lobbying Efforts
March 23
Raytheon employs a dedicated full-time lobbying staff along with multiple outside firms, with annual expenditures of at least $1.6 million on lobbying. This extensive lobbying operation suggests that the company is actively working to influence policy in favor of its defense and security agendas, aligning closely with authoritarian and militaristic frameworks.
-60
Executive Political Engagement
March 23
The company’s practice of hiring former politicians to leverage their insider connections demonstrates a deliberate strategy to secure influence over policymaking processes. Such executive political engagement undermines democratic accountability and raises substantial concerns about undue political influence benefiting corporate interests.
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