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Raytheon And United Technologies Agree To Massive Merger07:53
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Raytheon headquarters in Waltham (Wikimedia Commons)
Raytheon headquarters in Waltham (Wikimedia Commons)
This article is more than 1 year old.

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?

Guest

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

This segment aired on June 10, 2019.

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