YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

United Technologies, Raytheon to merge

Posted online

United Technologies signed on to merge its aerospace business with defense contractor Raytheon.

The deal would create a new company called Raytheon Technologies Corp. It would have some $74 billion in annual revenue.

United Technologies shareholders would own about 57% of the combined company upon completion of the deal.

Read more from Fox Business.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Show Me Chuy

April 7 was the official opening day for Mexican-Italian fusion restaurant Show Me Chuy after a soft launch that started March 31; marketing agency AdZen debuted; and the Almighty Sando Shop opened a brick-and-mortar space.

Most Read
SBJ.net Poll
Update cookies preferences