United Technologies to Buy Raytheon in All-Stock Deal

The video discusses the merger between United Technologies and Raytheon, creating a major player in the aerospace and defense industry. The merger will position the new company, Raytheon Technologies, as a significant competitor to Boeing. Shareholders of United Technologies will own 57% of the new firm, while Raytheon shareholders will own 43%. The combined company is expected to generate $75 billion in annual sales. Analysts view the merger as a strategic move that will redefine the future of aerospace, with expertise spanning fighter jets, missile defense, and cybersecurity.

What is the combined annual sales expected from the new company?

What are some areas of expertise that the combined companies will bring to the aerospace sector?