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US: Raytheon-United Technologies deal gets shareholder OK

By  |  October 14, 2019

Raytheon Company recently announced that its merger with United Technologies has received approval from the companies’ shareholders reported Yahoo. This reflects significant progress in the biggest-ever merger—announced in June 2019—in the history of the US aerospace and defense space.

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    The merger is expected to create Raytheon Technologies Corporation, a premier conglomerate worth US$121 billion, whose advanced technologies will address rapidly growing segments within aerospace and defense.

    The combined company’s portfolio will comprise aerospace electronics, communications, and other equipment from United Technologies along with Raytheon’s military aircraft and missile equipment.

    Full Content: Yahoo

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