There have been only four aerospace and defense deals valued at more than $10 billion in the last decade, and United Technologies now accounts for three of them.
Raytheon gives United Technologies cybersecurity expertise, helping to solve one of the key concerns airlines have about digitizing parts of their planes.
Both Honeywell and GE have their reasons for sitting out the mergers and acquisitions rush. After Honeywell then-Chief Executive David Cote made a failed attempt at merging with United Technologies in 2016, his successor Darius Adamczyk has preferred to focus on streamlining his company and making small, strategic software bets.
For one, United Technologies now has all the right pieces to become a clear leader in the race to develop connected aircraft. The Rockwell Collins deal gave it expertise in avionics, essentially the brains of the airplane. Raytheon will give it cybersecurity expertise, helping to solve one of the key concerns airlines have about digitizing parts of their planes.
The deal some investors still dream about is a combination of Honeywell and GE’s aviation units. Even combined, the companies would still trail the sales volume of a merged United Technologies-Raytheon, but it would go a long way toward catching them up. There are also plenty of reasons to think a Honeywell-GE aerospace merger wouldn’t happen.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Raytheon and United Technologies to merge – here's what experts are watchingDefense stocks were on the move Monday after Raytheon and United Technologies agreed to merge. Three experts weigh in.
Consulte Mais informação »
Raytheon and United Technologies are merging, with a focus on R&DRaytheon and United Technologies are the latest players to merge in the increasingly consolidated defense industry.
Consulte Mais informação »
Raytheon and United Technologies to create a defense giantRaytheon and United Technologies will join to create a massive aerospace and defense company in a sector that is already rapidly consolidating.
Consulte Mais informação »
As United Technologies and Raytheon merge, here are the hottest defense-sector stocksThe aerospace and defense industry group has greatly outperformed the broader stock market this year and over longer periods.
Consulte Mais informação »
Investor Ackman opposes United Technologies' aerospace merger with Raytheon: sourceBillionaire investor William Ackman's hedge fund Pershing Square Capital Ma...
Consulte Mais informação »
United Tech chief says Raytheon merger does not require Chinese approval: BloombergThe chief executive of United Technologies Corp said in a television interview t...
Consulte Mais informação »