Zorrofan Posted June 9, 2019 Share Posted June 9, 2019 https://www.cnbc.com/2019/06/08/raytheon-and-united-technologies-are-in-talks-to-merge-wsj.html It would create an aerospace and defense giant. Link to comment Share on other sites More sharing options...
Zorrofan Posted June 9, 2019 Author Share Posted June 9, 2019 https://www.cnbc.com/2019/06/09/raytheon-and-united-technologies-agree-to-all-stock-merger-of-equals.html Looks like it's official. Link to comment Share on other sites More sharing options...
alpha Posted June 10, 2019 Share Posted June 10, 2019 Seems like it would be dumb idea for the government to approve it, there are already only a few big defense contractors. Link to comment Share on other sites More sharing options...
Spekulatius Posted June 10, 2019 Share Posted June 10, 2019 Seems like it would be dumb idea for the government to approve it, there are already only a few big defense contractors. Yes, the concentration in the defense sector is quite concerning. Also, the sector isn’t exactly hurting right now. Link to comment Share on other sites More sharing options...
Castanza Posted June 10, 2019 Share Posted June 10, 2019 Seems like it would be dumb idea for the government to approve it, there are already only a few big defense contractors. Surprised to see Trump come out against the deal. But I highly doubt anything will be done. It seems our government is perfectly fine with "as close to monopoly as you can get" aka duopoly as long as they feel they have some measure of control or influence over said company. People like to say China's government is too closely tied with private industry (which they are) but fail to see all the corruption right here in the States. Disclaimer: I have been long defense companies for basically ever. Defense sector is basically free money over the long term. And if companies aren't selling to the US they are selling to other nations. Maybe I'm a hypocrite for speaking against the sector while also investing? Link to comment Share on other sites More sharing options...
Spekulatius Posted June 11, 2019 Share Posted June 11, 2019 Not my idea, but on another board a smart poster mentioned one thing that makes sense to me: it is interesting that the headquarters of the combined company will move to MA, despite RTN being the junior company, in terms of size. I believe UTX may consider moving out of CT (a basket case in terms of taxes) to MA as a very nice side benefit. Perhaps the same applies to management The head honchos May just like the idea of moving to the greater Boston area from Hartford, CT. I am sure they will get a nice relocation package. Link to comment Share on other sites More sharing options...
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