Collins Expects Substantial Synergies from UTC-Raytheon Merger

Collins Aerospace will remain largely intact following the merger but its in-house military GPS business will be divested.

Collins Aerospace may have to divest itself of its secure military air-to-ground communications and GPS business following the UTC-Raytheon merger.

By Chris Kjelgaard

February 7, 2020

Collins Aerospace will remain substantially intact following the completion of parent United Technologies Corporation’s planned merger with The Raytheon Company and Collins CEO Kelly Ortberg believes the merger will produce substantial new revenue synergies for his company.

UTC’s and Raytheon’s shareholders voted on October 11 to approve the planned merger, which would create one of the world’s three largest aerospace OEMs overall and the second-largest military OEM. The merger would bring under the new Raytheon Technologies corporate umbrella UTC’s Collins Aerospace and Pratt & Whitney businesses beside Intelligence, Space and Airborne Systems and Integrated Defense and Missile Systems divisions contributed by The Raytheon Company. Assuming the planned merger partners receive all required regulatory approvals, they expect to consummate the merger in April.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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