Hot off the Press


 

SHARE:  

United Technologies, Raytheon Reach Aerospace Mega-Merger

Friday, June 14, 2019
 
United Technologies Corp. announced that it has agreed to buy Raytheon Co., creating a $121-billion company, the largest-ever aerospace and defense merger. "The deal would reshape the competitive landscape by forming a conglomerate spanning commercial aviation and defense procurement. United Technologies provides, primarily, commercial plane makers with electronics, communications and other equipment, whereas Raytheon mainly supplies the U.S. government with military aircraft and missile equipment," writes Reuters' Harry Brumpton and Kate Duguid.


 

Related Enterprise Zones:


Reader Comments

There are no comments posted at this time.

 

Post a Comment

* Indicates field is required.

YOUR COMMENTS * (You may use html to format)

YOUR NAME *
EMAIL *
WEBSITE

 

 

Visit Our Sponsors