Legal Proceedings
−Removed: Pursuant to SEC regulations, for proceedings under environmental laws to which a government authority is a party and we reasonably believe such proceedings will result in monetary sanctions, we have adopted a disclosure threshold of $1 million.
−Removed: Environmental Enforcement Proceeding
−Removed: The Colorado Department of Public Health and Environment (CDPHE) issued a Notice of Violation/Cease and Desist Order (NOV/CDO) to Raytheon Company on January 31, 2023, alleging violations of a water discharge permit at a former Raytheon Company facility in Boulder, Colorado.
−Removed: On March 27, 2024, the CDPHE informed Raytheon Company that it is seeking a penalty in the amount of approximately $1 million in connection with the alleged violations and is requiring us to undertake a compliance program.
−Removed: Raytheon Company is contesting the alleged violations and the penalty demand, and has the right to
−Removed: appeal the NOV/CDO and any associated penalty.
−Removed: We do not expect liability related to this matter to have a material adverse impact on our results of operations, financial condition, or liquidity.
See “Note 16:
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.