Raytheon and United Technologies Announce Merger Plan
The two industrial giants are to create Raytheon Technologies, potentially the world's No. 2 defense/aerospace company.
Raytheon Technologies aims to maintain a platform-agnostic approach. As an example of the new company's contribution to major defense programs, the F-15 fighter has radar and missiles from Raytheon and engines from Pratt & Whitney, with Collins Aerospace providing ejection seats and many aircraft and cockpit systems. (Photo: Boeing)
Raytheon Technologies aims to maintain a platform-agnostic approach. As an example of the new company's contribution to major defense programs, the F-15 fighter has radar and missiles from Raytheon and engines from Pratt & Whitney, with Collins Aerospace providing ejection seats and many aircraft and cockpit systems. (Photo: Boeing)

Raytheon and United Technologies Corp. (UTC) announced on June 9 an all-stock “merger of equals” that will create an industrial defense/aerospace giant. To be known as Raytheon Technologies, the new entity will bring together Raytheon’s portfolio with those of UTC subsidiaries Pratt & Whitney and Collins Aerospace (itself a 2018 acquisition and subsequent merger of Rockwell Collins and UTC Aerospace Systems).


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