In Raytheon-UTC Merger, Cash Out Before New Technology

The proposed tie-up of Raytheon and United Technologies is being billed publicly as a potential catalyst for new technology some day in the future. But executives are acknowledging the deal may be better known as a cash generator for investors in the nearer term. “Free cash flow will be the calling...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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