Raytheon, United Technologies Aerospace Businesses to Combine in Merger of Equals

10Jun - by Editor - 0 - In STL.News

WALTHAM, MA and FARMINGTON, CT (STL.News) – Raytheon Company (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) have entered into an agreement to combine in an all-stock merger of equals.  The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defense.  The merger of Raytheon, a leading defense company, and United Technologies, a leading aerospace company, comprised of Collins Aerospace and Pratt & Whitney, will offer a complementary portfolio of platform-agnostic aerospace and defense technologies. 

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