Better check that label on you big out kit.
You might need some new non-Honeywell body armor.
Honeywell product quality false claims again.
https://www.justice.gov/opa/pr/honeywell-pay-335-million-alleged-false-claims-zylon-bullet-proof-vests
7 replies (most recent on top)
If the gov keep giving Honeywell contracts this will continue.
There have been so many unethical situations with Honeywell over last ten years and 100s of millions in fines etc., poor performance, and so on and yet the gov keeps signing.
Amazing. Honeywell is rewarded for all of this continually so why stop.
Pretty sure company match is paid in fake money.. they create new stocks and dilute share value. They dont "buy" anything
It doesn’t get any worse than knowingly selling defective product to first responders. Beyond shameful.
Which is why their 401k match is in HON stock to drive demand in trying to maintain its price
After all the issues with ethics that came out it 2022 ( multiple ITAR violations, bribery and corruption at UOP, now false claims..) any bets on winning a "most ethical company" award?
My bet 100% .. ethisphere, barrons, forbes.. all lists for sale.
The lawyers cost much more than the settlement amount.
I sold all my stocks. More sh-t in the pipeline since we move engineering to Bangalore