Analysts: Raytheon-UTC deal could trigger additional market consolidation

June 11, 2019 at 2:29 PM
The proposed merger between Raytheon and United Technologies is likely to move forward without government intervention, analysts said, and could lead to another wave of consolidation within the defense industry. President Trump earlier this week mused that the deal might reduce competition . But analysts tell Inside Defense the deal is likely to move forward, despite Trump's publicly aired concerns. Andrew Hunter of the Center for Strategic and International Studies said the planned transaction falls just shy of the...

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