Showing posts with label United Technologies. Show all posts
Showing posts with label United Technologies. Show all posts

Monday, June 10, 2019

Seems Right


Raytheon and United Technologies announced today their intentions to merge to form a $100 billion aerospace behemoth. How might the stock market value of what will be a critical piece of the U.S. defense shield compare with say Facebook, a bit of Internet fluff?

Well, Facebook has a market value over four times bigger than this Raytheon-United Tech combination. Seems right to me ...