Dantaya Williams, former vice president of human resources at Pratt & Whitney's commercial engines division, has been named chief HR officer of Raytheon Technologies (NYSE: RTX).
Read More »Report: Raytheon Technologies Accelerates $450M in Supplier Payments; Greg Hayes Quoted
Raytheon Technologies (NYSE: RTX) has provided $450M in expedited payments to its suppliers in line with the Department of Defense’s response to the COVID-19 pandemic, Inside Defense reported Thursday.
Read More »Raytheon Technologies Kicks Off Trading on NYSE; Greg Hayes, Thomas Kennedy Quoted
Raytheon Technologies started trading Friday on the New York Stock Exchange under the ticker symbol “RTX” after United Technologies Corp. and Raytheon completed their all-stock merger that was first announced in June 2019. The Waltham, Mass.-based publicly traded combined company has approximately $74B in pro forma 2019 net sales and operates with about 195K employees worldwide focused on developing technologies across hypersonics, cybersecurity, avionics and directed energy, among other areas, Raytheon Technologies said Friday.
Read More »UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes Quoted
United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) have set the closure date of their all-stock merger for Friday, April 3, after securing all the regulatory clearances needed to close the transaction. According to a joint statement, the combined company will operate as Raytheon Technologies and trade under the “RTX” ticker symbol on the New York Stock Exchange.
Read More »European Commission OKs UTC-Raytheon Merger
The European Commission approved United Technologies Corp.’s (NYSE: UTX) planned $121B merger with Raytheon (NYSE: RTN), Reuters reported Friday.
Read More »UTC Board OKs Carrier, Otis Spinoffs; Greg Hayes Quoted
The board of directors of United Technologies Corp. (NYSE: UTX) approved the spinoffs of its Carrier and Otis subsidiaries into two independent companies and expects to complete the separations on April 3. "Executing the separations of Carrier and Otis is also a major milestone to completing the merger of UTC's aerospace businesses with Raytheon to create Raytheon Technologies,” Greg Hayes, chairman and CEO of UTC, said in a statement published Wedneday.
Read More »Stephen Timm Named Collins Aerospace President
Stephen Timm, president of the avionics business unit at United Technologies Corp.’s (NYSE: UTX) Collins Aerospace subsidiary, has been named president of the subsidiary. He will succeed Kelly Ortberg, who has been appointed special adviser to the office of the CEO as UTC and Raytheon (NYSE: RTN) move ahead with their merger to form Raytheon Technologies, UTC said Friday.
Read More »Greg Hayes: UTC Eyes Raytheon Merger Completion in April
Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTX), said UTC hopes to close its potential $120B merger with Raytheon (NYSE: RTN) by early April and has begun planning for the integration of the two companies, the Hartford Business Journal reported Tuesday.
Read More »Raytheon, UTC Shareholders OK All-Stock Merger Deal; Thomas Kennedy, Greg Hayes Quoted
Stockholders at Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) approved at their respective meetings the companies’ agreement to merge in an all-stock transaction and create a technology provider that will be known as Raytheon Technologies.
Read More »Christopher Calio to Become Pratt & Whitney President in 2020; Greg Hayes Quoted
United Technologies Corp. (NYSE: UTX) has promoted 14-year company veteran Christopher Calio as president of UTC's Pratt & Whitney subsidiary in a move that will take effect in early 2020. He will succeed Robert Leduc, who is due to retire from the company next year after a four-decade career, UTC said Tuesday.
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