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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 Raytheon Company to undertake a compliance program.
−Removed: Raytheon Company is contesting the alleged violations and the penalty demand,
−Removed: and has the right to 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.
+Added: On March 27, 2024, the CDPHE informed Raytheon Company that it was seeking a penalty in the amount of approximately $1 million in connection with the alleged violations and was requiring Raytheon Company to undertake a compliance program.
+Added: In order to resolve the NOV/CDO, on October 6, 2025, Raytheon Company signed a Compliance Order on Consent (COC) with the CDPHE under which, without any admission of fault or liability, it agreed to pay $458,211 in civil penalties and to perform certain remediation work at the former facility under an agreed upon compliance schedule.
+Added: Raytheon Company paid the civil penalties in the fourth quarter of 2025.
737 MAX Aircraft Litigation
−Removed: Multiple lawsuits have been filed in U.S.
+Added: Multiple lawsuits were filed in U.S.
courts relating to the October 29, 2018 Lion Air Flight 610 and the March 10, 2019 Ethiopian Airlines Flight 302 accidents.
Collins Aerospace (Collins) sold certain aircraft parts and systems to The Boeing Company for the 737 MAX aircraft involved in these accidents.
−Removed: Certain of our Collins businesses have been named, along with other third parties, as parties in many of these lawsuits.
−Removed: We have also fully supported all governmental investigations and inquiries relating to the accidents.
−Removed: We do not expect that the lawsuits or governmental investigations or inquiries will have a material adverse effect on our results of operations, financial condition, or liquidity.
+Added: Certain of our Collins businesses were named, along with other third parties, as parties in many of these lawsuits.
+Added: All lawsuits related to the Lion Air flight have been resolved, and the Collins businesses have obtained a full release.
+Added: Only one lawsuit related to the Ethiopian Airlines flight remains pending, and we anticipate during 2026 the lawsuit will either be resolved or the claims against the Collins businesses will be dismissed.
MINE SAFETY DISCLOSURE
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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.