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Tag: UTX

UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes QuotedM&A Activity

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…
Proposed UTC-Raytheon Merger Gets DOJ Antitrust Clearance With Divestiture RequirementM&A Activity

Proposed UTC-Raytheon Merger Gets DOJ Antitrust Clearance With Divestiture Requirement

The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through…
James Taiclet to Succeed Marillyn Hewson as Lockheed President, CEOExecutive Moves

James Taiclet to Succeed Marillyn Hewson as Lockheed President, CEO

James Taiclet, a board member at Lockheed Martin (NYSE: LMT), has been elected by the board of directors to succeed…
European Commission OKs UTC-Raytheon MergerM&A Activity

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.
UTC Board OKs Carrier, Otis Spinoffs; Greg Hayes QuotedM&A Activity

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…
Steve Mollenkopf, Akhil Johri Nominated to Join Boeing BoardExecutive Moves

Steve Mollenkopf, Akhil Johri Nominated to Join Boeing Board

Qualcomm (Nasdaq: QCOM) CEO Steve Mollenkopf and Akhil Johri, former chief financial officer and executive vice president of United Technologies…
Stephen Timm Named Collins Aerospace PresidentExecutive Moves

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…
PwC: Aerospace, Defense M&A Deal Value Hit $93.8B in 2019Financial Reports

PwC: Aerospace, Defense M&A Deal Value Hit $93.8B in 2019

A new PwC report says the value of mergers and acquisitions in the aerospace and defense sector worldwide reached $93.8B in 2019,…
Raytheon Buys Vista’s Share of Forcepoint for $588MM&A Activity

Raytheon Buys Vista’s Share of Forcepoint for $588M

Raytheon (NYSE: RTN) paid $588M to acquire Vista Equity Partners' minority interest in their cybersecurity joint venture Forcepoint during the fourth…
Greg Hayes: UTC Eyes Raytheon Merger Completion in AprilM&A Activity

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…