United Technologies, Raytheon announce massive merger

stlbeacon.org - 6/10/2019

The aerospace units of United Technologies - Collins Aerospace and Pratt & Whitney - are to be merged with Raytheon. The boards have approved the all stock merger of the two companies, according to a joint statement from the two companies. “The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defense,” say the two companies.

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