We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Battle lines

10 June 2019 By John Foley

The $52 bln maker of Patriot missiles is bringing a near-pristine balance sheet and better operating margin to a merger that seems to benefit partner UTC more. A tie-up could be attractive as defense budgets slow, but Raytheon has room to seek better terms, or bide its time.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)