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United Technologies and Raytheon to merge, creating Raytheon Technologies · Endata

◂ Announcements

Mar 31, 2020ACQUISITIONWaltham, Massachusetts, United States

United Technologies and Raytheon to merge, creating Raytheon Technologies

United Technologies Corp. and Raytheon Co. announced they will close their merger on April 3, 2020, creating Raytheon Technologies Corp. headquartered in Waltham, Mass. The all-stock deal values the combined company at $121 billion.

Value

$121.0B

Status

Completed

Productspropulsion systemsair traffic managementavionicsmissilessurveillance systems

CompaniesUnited Technologies Corp.Otis target Carrier Corp target Raytheon partner Raytheon target

Sectors#Aerospace Components #Automation and Robotics

“United Technologies Corp. and Raytheon Co. announced Monday they will close this week on their merger, creating Raytheon Technologies Corp. headquartered in Waltham, Mass.”aviationpros.com

2 sources
aviationpros.comUTC No More: Merger with Raytheon Set for Friday, Ending 45-Year-Old Conglomerate Headquartered in Connecticut | Aviation ProsMar 31, 2020
sdmmag.comUTC Merges With Raytheon, Completes Spin-Offs of Carrier and Otis | 2020-04-06 | SDM MagazineBy: Karyn HodgsonApr 6, 2020

Summarized from public sources; check the original articles before acting on it.

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