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Delta CEO urges UTC to stay focused after announcing the Raytheon deal

Delta Air Lines CEO Ed Bastian said his company had a message for United Technologies after announcing its merger with Raytheon: "Stay focused." "UTC is a great partner of ours, a great supplier of ours." Bastian said in an interview with Carl Quintanilla of CNBC. "They went through some mergers, there were some distractions along the way." Bastian's comments come …

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What a Raytheon fusion could mean for Tucson

TUCSON, Arizona – It's Tucson's largest private employer and may become much larger. Raytheon seeks a merger with another major technology company. So what could a merger mean for our area? Raytheon is Pima County's largest private employer with approximately 12,000 employees and a $ 2.1 billion total impact on the economy of Arizona . Now Raytheon is working on …

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The merger of Raytheon and United Technologies could shake up the industry

A Pratt & Whitney PW1000G turbofan engine sits on the wing of an Airbus A320neo on Friday, February 12, 2016, during a delivery ceremony in front of the Airbus Group SE plant in Hamburg. Bloomberg | Krisztian Bocsi United Technologies has reached an agreement to combine the booming aerospace business with defense company Raytheon. This surprise could unsettle customers and …

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United Technologies and defense company Raytheon will officially merge

The United Technologies Aerospace Division will formally join forces with defense firm Raytheon next year to form a new company called Raytheon Technologies Corporation. The first word about the deal was released this morning by The Wall Street Journal . United Technologies, which manufactures aircraft components and consists of Collins Aerospace and Pratt & Whitney, merges with Raytheon, which manufactures …

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Raytheon and United Technologies agree on a stock-based merger

A man cleans a PW1000G geared turbofan engine from MTU Aero Engines AG and Pratt & Whitney, a United Technologies Corp. company, on Monday, February 10, at the Singapore Airshow at the Changi Exhibition Center in Singapore was developed. 2014. Bloomberg | Brent Lewin Raytheon and United Technologies announced on Sunday that they would merge into an all-stock deal that …

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Reports: United Technologies and Raytheon are nearing merger

The Wall Street Journal and other outlets reported this weekend that the two companies are approaching a deal that would create a company valued at more than $ 100 billion. The reported deal could be announced in the coming days. Both UTC and Raytheon declined to comment. UTC is an industrial conglomerate and manufactures everything from jet engines to elevators. …

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Raytheon and United Technologies are in talks to merge

Gregory Hayes, President and CEO of United Technologies Richard Drew | AP Ray Technologies and United Technologies' large aerospace business are in late talks to conclude an all-stock deal that, according to a source familiar with the matter, would boost consolidation in the defense and defense sectors. Companies have a combined market value of nearly $ 166 billion. The deal …

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Raytheon delivers first SeeMe satellite to DARPA – Raytheon Company (NYSE: RTN)

"Ground troops can not always access the larger, military and commercial satellites," said Dr. Thomas Bussing, Raytheon Advanced Missile Systems vice president. "These smaller, SeeMe satellites want to be dedicated to soldiers, providing them with real-time images from space when they're needed most." Using its automated missile production lines, Raytheon (RTN + 0.4% [19459006 DARPA plans to integrate the SeeMe …

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