Raytheon, United Technologies Merger Will Create A New Aerospace Giant
I used to work at Raytheon.  The one weird thing about the defense business is how few businesses and they end up making strange alliances.We were parters with Boeing on the project I worked on, but bidding against them on other projects.Raytheon got rid of all its commercial ventures, Amana appliances, RayMarine, Beech aircraft and anything competing in the private sector was spun off.  There corporate structure had a lot of legacy from previous mergers (before my joining) which seemed to be stuck at 85% complete.I can't see how this merger isn't going to set off anti-trust alarm bells in washington, but these companies are well connected.