Jun 9, 2019ACQUISITIONUnited States Raytheon and United Technologies to merge in $74B deal
Raytheon and United Technologies agreed to an all-stock merger of equals, creating Raytheon Technologies Corporation with pro forma 2019 sales of approximately $74 billion. The merger is expected to close in the first half of 2020.
Productsaerospace and defense technologies
“The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defense.”sec.gov
- 4 sources
- sec.govJun 9, 2019
- prnewswire.comRaytheon and United Technologies Aerospace Businesses to Combine in Merger of EqualsRaytheon Company, United Technologies Corp.Jun 9, 2019
- investing.comUnited Technologies, Raytheon to create $120 billion aerospace and defense giant By ReutersJun 10, 2019
- reuters.comUnited Technologies, Raytheon to create $120 bln aerospace and defense giantHarry BrumptonJun 10, 2019
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