[Innovative]

It must be good for both, or they wouldn't be doing it. It will create a bigger, stronger new company.

[saminfl]

When all those defense companies were allowed to merge in the 90’s it meant less competition and innovation. This will just make it worse,

[bigbob]

Good for the shareholders, you mean. What are euphemistically called “synergies” in the M&A world..i.e. combined functions to eliminate redundant functions and fewer people means less G&A, higher op profit.

[ClearCase_guy]

They say “merge” but UT is about 4 times the size of Raytheon so I think merge may be misleading (at least to me).

[Psalm 73]

"United Technologies Corp. is near a deal to combine with military contractor Raytheon Co.....to transform into a company focused on aerospace and defense."

Odd that UTC just sold Sikorsky Aircraft (UH-60 Black Hawk/SH-60 Seahawk and CH-53 helicopters) to Lockheed four years ago.
So they subtract their 2nd-largest defense company in their portfolio because they want to focus on defense?
Doesn't add up.