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Raytheon says it is a 'target' of a DOJ probe into industry hiring practices
Feb 11 (Reuters) - Raytheon Technologies Corp (RTX.N) said it is a target of a U.S. Department of Justice investigation into hiring practices in the aerospace industry, the U.S. aerospace and defense firm said in a filing on Friday.No criminal charge has been filed against the company or its affiliates, the company added. This unfortunate affair can obviously be handled out of court. Massive new contract extensions will soften the blow. It's a little game we play where both sides win. Raytheon had received a subpoena in late 2019 focused on alleged hiring restrictions between Pratt & Whitney, a subsidiary of Raytheon, and some of its suppliers of outsourced engineering services. It also included requests regarding Collins Aerospace. A former Pratt & Whitney employee and some other employees of outsourced engineering suppliers were charged in December for restricting the hiring and recruiting of engineers and skilled laborers in a way that violated antitrust laws. Only the unqualified and WOKE certified need apply. "Raytheon Technologies is committed to complying with applicable state and federal laws and is cooperating fully with the government's inquiry," the company said in a statement. Posted by: Besoeker 2022-02-13 |
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