06-10-2019, 11:43 AM
So, apparently Raytheon and United Technologies are teaming up. Thoughts?
Personally, as a long time shareholder of RTN, I'm quite skeptical. I loved what RTN had and I'm not too happy about adding a lot of commercial into the mix. I wanted a defence contractor and RTN was an amazing one. And while I haven't had the time to look at UTX yet, I keep reading about how this deal will significantly improve their balance sheet. Which means that the combined company will have a weaker balance sheet than RTN did....
I need to look into UTX properly before making any decisions but I might be selling a part of my holdings and transferring it to a more pure defence play. NOC? LMT? Something small and fancy? (Orbital was my small and fancy play but they got snatched away a year or two ago)
Personally, as a long time shareholder of RTN, I'm quite skeptical. I loved what RTN had and I'm not too happy about adding a lot of commercial into the mix. I wanted a defence contractor and RTN was an amazing one. And while I haven't had the time to look at UTX yet, I keep reading about how this deal will significantly improve their balance sheet. Which means that the combined company will have a weaker balance sheet than RTN did....
I need to look into UTX properly before making any decisions but I might be selling a part of my holdings and transferring it to a more pure defence play. NOC? LMT? Something small and fancy? (Orbital was my small and fancy play but they got snatched away a year or two ago)