the other mike
Diamond Member
Better us than China right ? Or should we still be worried ?
With combined annual sales of around $74 billion, the recent merger between Raytheon and United Technologies means the new company has passed Northrop Grumman to become the second-largest defense-and-aerospace company in the U.S. after Boeing.
China earlier had very small defense contractors, with no entries in the top 100 defense contractors, either. But now China has six entries of the top 15, and this rise happened only within a year, which is an amazing achievement. Now the United States has to fight for its crown as the most powerful country on the globe. China tends to build the most powerful army in the world, and plans to take the leadership from the United States.
With combined annual sales of around $74 billion, the recent merger between Raytheon and United Technologies means the new company has passed Northrop Grumman to become the second-largest defense-and-aerospace company in the U.S. after Boeing.
United Technologies and Raytheon Complete Merger of Equals Transaction
Raytheon Technologies Corporation (NYSE: RTX) announced the successful completion of the all-stock merger of equals transaction between Raytheon Company and United Technologies Corporation on April 3, 2020, following the completion by United Technologies of its previously announced spin-offs of...
finance.yahoo.com
China earlier had very small defense contractors, with no entries in the top 100 defense contractors, either. But now China has six entries of the top 15, and this rise happened only within a year, which is an amazing achievement. Now the United States has to fight for its crown as the most powerful country on the globe. China tends to build the most powerful army in the world, and plans to take the leadership from the United States.