Raytheon warns of supply chain disruptions due to President Biden’s vaccine mandate for federal contractors

And they wonder why we shout, “Let’s go, Brandon!”:

The OSHA order sitting at OMB is really a testing mandate, with a vaccine exemption.

The federal employee and contractor orders are much worse — vax or you're fired, even if you're 100% work-from-home.

The national security implications are dire.

— Phil Kerpen (@kerpen) October 21, 2021

Raytheon CEO Greg Hayes said on CNBC that the company will “potentially lose several thousand people who refused to be vaccinated”:

"We are going to potentially lose several thousand people who refuse to be vaccinated. This is a tough thing but we are preparing for it," says @RaytheonTech CEO Greg Hayes. "We need to have people vaccinated to get this pandemic under control." pic.twitter.com/MmrjItrRDl

— Squawk Box (@SquawkCNBC) October 26, 2021

You. Don’t. Say:

"Supply chain and people availability," says @RaytheonTech CEO Greg Hayes on factors impacting revenue $RTX. "It's certainly a constraint right now. We are also suffering a little bit on the commercial side with the slow down of the 787 down in Charleston." pic.twitter.com/OyovZ6Wkti

— Squawk Box (@SquawkCNBC) October 26, 2021

Hayes does say Raytheon has been able to manage the chip shortage that is another main driver of the supply chain crisis:

"We've got about 13,000 product suppliers…we're on top of it with suppliers," says @RaytheonTech CEO Greg Hayes. "The fact is there are a lot of chips in a lot of our different products–we are not unimpacted but we have been able to manage it." pic.twitter.com/155AOiYX90

— Squawk Box (@SquawkCNBC) October 26, 2021

But a later guest on the show said that these issues won’t be balanced out until late 2022 or 2023:

"We've got a ways to go here," says $CSCO CEO @ChuckRobbins on chip shortage. "I've talked to a lot of folks in the semiconductor side– they believe second half of 2022 is when we'll start to see improvement. With supply and demand balancing out sometime in 2023." pic.twitter.com/dAnhCKvDue

— Squawk Box (@SquawkCNBC) October 26, 2021

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