Support the news

Raytheon And United Technologies Agree To Massive Merger07:53

Raytheon headquarters in Waltham (Wikimedia Commons)
Raytheon headquarters in Waltham (Wikimedia Commons)

Raytheon, the Waltham defense contractor, is merging with Connecticut neighbor United Technologies.

The combined company will be headquartered in Greater Boston and become the country's second-biggest in aerospace and defense. We're talking roughly $75 billion in annual sales — more than Lockheed Martin or Northrop Grumman, and second only to Boeing.

So, what does this mean for Massachusetts?


Jon Chesto, Boston Globe business reporter. He tweets @jonchesto.

This segment aired on June 10, 2019.


+Join the discussion

Support the news