Home World News United Technologies and Raytheon poised for merger

United Technologies and Raytheon poised for merger

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United Technologies and Raytheon poised for mergerRaytheon and United Technologies, two major American aeronautics and defense groups, are poised to announce as early this week plans for a massive merger, according to US media. The Wall Street Journal revealed on Saturday, citing an anonymous source, that talks have been under way between the two pillars of the aeronautics and defense industries worldwide. Unless the negotiations break down, a deal is expected to be announced in the coming days, a source close to the matter told the Journal.

Source: Yahoo.com