
Raytheon [RTN] on Thursday said it has created a subsidiary in the United Arab Emirates to further strengthen its partnerships in the small Middle Eastern country that is a key customer.“The establishment of Raytheon Emirates is a strong step forward in our longstanding alliance with the United Arab Emirates,” Thomas Kennedy, Raytheon’s chairman and CEO, said in a statement. “Through partnerships with government, industry and academia, Raytheon is committed to helping the UAE achieve its economic goals while providing trusted,…