The planned merger between Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) comes as the aerospace-and-defense sector anticipates slower growth in the Department of Defense’s spending and as DoD sets its sights on hypersonic missiles, space systems and other new priorities, The Wall Street Journal reported Wednesday.

Thomas Kennedy, chairman and CEO of Raytheon (NYSE: RTN), told Defense News in an interview published Tuesday about the features of the proposed merger between Raytheon and United Technologies Corp. (NYSE: UTX) and one of the things he mentioned is how the deal makes the future combined firm more resilient.

TYSONS CORNER, VA, June 11, 2019 — John DeSimone, vice president of cybersecurity and special missions at Raytheon (NYSE: RTN), said the company is exploring internal investments and external partnerships to develop its data resiliency capabilities as part of a cyber-as-a-service offering. DeSimone told ExecutiveBiz in an interview published Wednesday …

Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTC), has said that both UTC and Raytheon (NYSE: RTN) agreed on implementing a "platform agnostic" approach for technology offerings of the future merged company. The two contractors signed an all-stock deal that will create a systems provider across aerospace and defense segments.

Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) have agreed to merge in an all-stock deal that will establish a platform-agnostic technology provider within aerospace and defense segments. The combined company will operate as Raytheon Technologies and be headquartered in the greater Boston metro area upon the deal’s completion, which is expected in the first half of 2020, the firms said in a joint statement published Sunday.

A subsidiary of Raytheon (NYSE: RTN) has received a potential five-year, $92.8M contract to help the U.S. Marine Corps update and maintain software applications running on a common aviation command-and-control system. Raytheon Solipsys will help address licensing and life cycle requirements for the sustainment of Multi Source Correlator Tracker and Tactical …

Raytheon (NYSE: RTN) has received a four-year, $234.6M contract to begin the low-rate initial production of GPS-equipped systems designed to guide military aircraft onto carriers or amphibious assault ships. The company will manufacture 23 Joint Precision Approach and Landing Systems along with three upgrade kits, associated data and engineering change …

Raytheon (NYSE: RTN) has secured a potential three-year, $151.4M contract to sustain AIM-9X Sidewinder missiles for the U.S. Navy and U.S. Air Force as well as 20 international countries. The company will perform repairs and integrated logistics support for the Block II and II+ versions of the multimission missile system …

TYSONS CORNER, VA, May 20, 2019 — Raytheon (NYSE: RTN) has utilized open architecture and the Unmanned Aircraft System Control Segment standard to develop a technology that the U.S. Navy can use to operate several unmanned platforms even with the limited space for ground control stations on naval ships, ExecutiveBiz …

Raytheon (NYSE: RTN) will provide additional tube-launched, optically-tracked wireless guided missile systems to the U.S. Army under a three-year, $101.3M contract modification. The service branch used fiscal 2017 other procurement funds to cover the full obligated amount at the time of award, the Department of Defense said Friday. Work under …