Raytheon Co., one of the world's largest defense contractors, and the aerospace giant United Technologies Corp. announced an all-stock merger on Sunday that would create the second-biggest defense and aerospace company in the United States, behind only Boeing Co.
United Technologies Chief Executive Greg Hayes will be chief executive of the combined company, and Raytheon Chairman Thomas Kennedy will be chairman, they said. Analysts said the deal makes sense because the two companies' core businesses don't overlap greatly, meaning they're not likely to run into regulatory roadblocks.
Eisenhower's self-penned Farewell Address named 'The Military, Congressional, Industrial Complex' as Democracy's most dangerous foe. A. Dulles insisted Ike remove 'Congressional'. Now, only historians understand how perceptive Ike was. Raytheon/UT - an ominous & sinister union.
No! War machine behemoth! Break'em up!
Free market capitalism.... Unfortunately it is only about killing each other's competition
DMRegister NPR RepCindyAxne CNN SenJoniErnst ChuckGrassley FoxNews So much for competition and capitalism.
Yay! The military industrial complex is getting bigger! We need to spend more money on bombs. To hell with the average American & their petty needs like infrastructure, housing, health care & education. I'm sure Raytheon & UTC lobbyists will see to it.
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