Raytheon and United Technologies are the latest players to merge in the increasingly consolidated defense industry.
The merger of Raytheon and United Technologies creates one of the world's largest defense companies.
With this in mind, aerospace firms Raytheon Co. and United Technologies Corp. on Sunday joined the ever-growing horde of defense firms that are undertaking mergers or acquisitions to gain heft in an industry that is becoming increasingly consolidated. The two companies have diverse portfolios — Waltham, Mass.-based Raytheon is known for making Patriot missiles, radar systems and sensors for spacecraft and aircraft, while Farmington, Conn.-based United Technologies makes commercial airline components and fighter jet engines.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Raytheon and United Technologies in talks to merge: WSJRaytheon Co and United Technologies Corp are in talks to merge in an all-stock d...
Read more »
United Technologies nears deal to merge aerospace unit with Raytheon: sourcesUnited Technologies Corp is nearing a deal to merge its aerospace business with ...
Read more »
United Technologies nears deal to merge aerospace unit with Raytheon: sourceUnited Technologies Corp is nearing a deal to merge its aerospace business with ...
Read more »
United Technologies Strikes Deal to Acquire RaytheonUnited Technologies struck a deal to acquire military contractor Raytheon, continuing the sprawling industrial conglomerate’s transformation into a company focused on aerospace and defense.
Read more »
United Technologies and Raytheon are merging in an aerospace mega-dealUnited Technologies and Raytheon are joining forces to create an aerospace and defense powerhouse. It is one of the biggest corporate mergers of 2019.
Read more »
United Technologies to merge aerospace business with RaytheonUnited Technologies Corp agreed on Sunday to combine its aerospace business with...
Read more »