Raytheon wins end to whistleblower suit

|About: Raytheon Company (RTN)|By:, SA News Editor

Raytheon (NYSE:RTN) has won the dismissal of a $1B whistleblower lawsuit accusing the defense contractor of overbilling the U.S. government on a contract for satellite sensors.

It comes nearly 1.5 years after a federal appeals court revived the case and marks the fifth attempt former Raytheon engineer Steven Mateski tried to bring his allegations to court under the False Claims Act.

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