Hayes pinpoints early April for Raytheon-United Technologies deal

The chief executive of United Technologies hopes to close the merger between Raytheon and United Technologies in early April, at the same time as UTC spins off its Otis and Carrier businesses.

In a call with analysts this morning, Greg Hayes said this quarter's earnings call was the last for United Technologies.

He said UTC is now planning for the Raytheon deal to "close concurrent with portfolio separation in early April."

"Integration planning is well underway," Hayes added.