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CT Mirror

CT Mirror

Connecticut's Nonprofit Journalism.

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Raytheon

Posted inNews

Justice Department approves UTC-Raytheon merger — with conditions

Avatar photo by Ana Radelat March 26, 2020 @ 7:41 pmMarch 5, 2022 @ 12:29 am

Those conditions include the sale of a UTC facility in Danbury.

Posted inPolitics

Feds likely to approve of Raytheon, UTC deal

Avatar photo by Ana Radelat November 8, 2019 @ 3:45 pmMarch 5, 2022 @ 12:18 am

Although it would boost defense industry consolidation, there is little overlap between Raytheon and UTC that would pose anti-trust issues for the federal government.

Posted inNews, Politics

Blumenthal blasts Shanahan for failing to disclose family violence

Avatar photo by Ana Radelat June 18, 2019 @ 7:00 pmMarch 5, 2022 @ 12:12 am

Acting Secretary of Defense Patrick Shanahan resigned Tuesday in the wake of news reports of incidents of domestic violence.

Posted inNews

Pentagon to take a ‘hard look’ at Raytheon, UTC tie up

Avatar photo by Ana Radelat June 17, 2019 @ 12:56 pmMarch 5, 2022 @ 12:11 am

There are also grumblings in Congress about the deal, which would further consolidate the defense industry.

Posted inMoney

On way out, UTC cushions the fallout for Lamont

Avatar photo by Mark Pazniokas June 12, 2019 @ 5:53 pmMarch 5, 2022 @ 12:11 am

UTC’s Greg Hayes is the one leaving, but he left a parting gift for the governor.

Posted inMoney

UTC consolation: Otis to remain, Pratt to hire 1,000

Avatar photo by Mark Pazniokas June 11, 2019 @ 12:48 pmMarch 5, 2022 @ 12:10 am

Greg Hayes Gov. Ned Lamont said Tuesday that the headquarters of Otis Elevator will remain in Connecticut after its spinoff from United Technologies Corporation, and the conglomerate intends to hire 1,000 workers at UTC’s Pratt & Whitney facilities in the state. Greg Hayes, the chairman and chief executive of UTC, shared that news with the […]

Posted inNews, Politics

UTC-Raytheon merger may hit bumps on way to completion

Avatar photo by Ana Radelat June 10, 2019 @ 4:05 pmMarch 5, 2022 @ 12:10 am

President Donald Trump and Sen. Richard Blumenthal were among those who voiced concerns on Monday that the merger would hurt competitiveness in the defense industry.

Posted inNews

Once a Sikorsky-flying Marine, he now pilots the company

Avatar photo by Ana Radelat November 27, 2015 @ 5:30 amSeptember 4, 2022 @ 10:49 pm

WASHINGTON – Dan Schultz doesn’t like to talk about it, but he flew a harrowing rescue mission to Mogadishu, Somalia, in 1991 in a Sikorsky Super Stallion chopper. Now at the company’s helm, he says he plans no big, immediate changes at Sikorsky.

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