Deals
United Technologies, Raytheon Are in Deal Talks
- All-stock deal would create aerospace, defense industry giant
- Combined company would provide Patriot missiles, F-35 engines
Displays of missiles stand at the Raytheon International Inc. chalet on day two of the Farnborough International Airshow 2018.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
United Technologies Corp. and Raytheon Co. are in talks about a deal that would create an aerospace and defense industry giant, according to a person familiar with the matter.
The all-stock transaction could be announced in the coming days, according to the Wall Street Journal, which first reported the talks. United Technologies has a market valuation of about $114 billion, while Raytheon is valued at about $52 billion.