If that indeed is the truth, then why would Raytheon tolerate such blatent sabotage of the company. They too have positions on the board and would have to be aware of what is going on. In addition, with Sheeringa's history of bankrupting or otherwise destroying companies in the past, why would they still allow him to be in charge if they were not indeed intent on the destruction of this division?
Raytheon wants out of the aircraft part entirely. They wish to focus on defense contracts, where the real money is. Problem is, we are part of the aircraft division. Until we are gone, either sold or demolished, they can't find a buyer for the aircraft division. Hence their delema, sell us or disolve. Either way, this company will not exist in 24 months, sooner of MS continues down the path he is.