Sign In
Search
Business/Financial

UTC, Raytheon Deal Set To Close In Early April

Cal Biesecker By
SHARE:
UTC, Raytheon Deal Set To Close In Early April
Raytheon Technologies Chairman and CEO Greg Hayes. Photo: Raytheon Technologies

United Technologies Corp. [UTX] on Thursday said it expects to close its merger with Raytheon [RTN] on April 3, once the divestitures of its Carrier and Otis operating segments are completed. The company said “when issued” trading of Carrier and Otis as separate publicly traded companies is set to begin on March 18 with the distribution date for both company’s shares anticipated to be April 3. “Executing the separations of Carrier and Otis is also a major milestone to completing…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

L3Harris Reports Strong First Quarter Bolstered By ISR, Space And Rocket Motors

Business/Financial

General Dynamics Posts Strong First Quarter Led By Shipbuilding

Business/Financial

True Anomaly Raises $650 Million In New Round To Continue Scaling

Business/Financial

Lockheed Martin’s Earnings Slip, Sales Level In First Quarter; Company Maintains 2026 Guidance

Trending

Army Launches ‘Right To Integrate’ Effort To Improve Linking Industry’s Weapons, Sensors
T-7A Red Hawk Okayed For Production, Each Of Three LRIP Lots Must Get Clearance, USAF Says
NRO, NGA Create Cybersecurity Framework For Commercial Partners
Defense Watch: DoD AI Deals, P-8 Upgrade, Drone and Counter-Drone News
Space Force Again Moves To Terminate Next-Generation Missile Warning Polar Satellite Program

Congress Updates

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Air Force

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume