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Wednesday, March 07, 2007

Raytheon: Rival lured staff, stole technology
Raytheon has sued rival FLIR Systems Inc., accusing it of usurping lucrative contracts by luring away workers, infringing four patents, and stealing technology used in infrared cameras.

Raytheon said in a complaint filed Mar. 2 in federal court in Sherman, Texas that Indigo Systems Corp, a company setup by a former high-ranking Raytheon executive, which was bought over by FLIR in 2004, has hired away dozens of Raytheon employees who know its trade secrets.

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