37.1 F
Fort Worth
Tuesday, October 27, 2020
Government Raytheon/United Technologies duo will be larger than Lockheed

Raytheon/United Technologies duo will be larger than Lockheed

Other News

A look at big issues on Supreme Court’s agenda

Some of the issues either already on the Supreme Court's docket when it begins its new session or likely to be before...

Wall Street posts solid gains after surge in corporate deals

By ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Wall Street kicked off the week with a broad...

Tarrant County ranks low in work-from-home study by NAR

North Texas ranks pretty high in the “Work from Home” category, according to a just-released study by the National Association of Realtors....

Commentary: Universities and COVID-19: Charting turbulent times

Ray Perryman As the COVID-19 pandemic emerged this spring, college campuses across the United States swiftly sent students...

Raytheon shares jumped to an eight-month high Monday

after the maker of Patriot missiles said it intends to merge

with United Technologies to form a weapons contracting

giant with $74 billion in annual sales.

The newly created “Raytheon

Technologies” will be larger than

Lockheed Martin and Northrop

Grumman, and trail only Boeing

among military contractors.

The company will push to develop

new technologies with combined

R&D spending of $8 billion annually and more than

60,000 engineers. Raytheon Technologies will focus on

hypersonics — vehicles or weapons which can fly five

times faster than the speed of sound — as well as

intelligence and surveillance

systems, artificial intelligence for

commercial aviation and cybersecurity

for connected planes.

Waltham, Massachusetts’

Raytheon closed up 0.7% and United

Technologies fell 3.1%.

Latest News

As Ken Paxton battles scandal, Land Commissioner George P. Bush considering a 2022 run for attorney general

By Emma Platoff and Cassandra Pollock, The Texas Tribune Oct. 26, 2020 "As Ken...

Trey Martinez Fischer becomes second Democrat to announce run for speaker of the Texas House

By Cassandra Pollock, The Texas Tribune Oct. 26, 2020 "Trey Martinez Fischer becomes second...

U.S. Senate confirms Amy Coney Barrett’s nomination to Supreme Court, with Texans Cornyn and Cruz in favor

By Abby Livingston, The Texas Tribune Oct. 26, 2020 "U.S. Senate confirms Amy Coney...

Barrett confirmation vote set for tonight

By LISA MASCARO  AP Congressional Correspondent WASHINGTON (AP) — Overpowering Democratic opposition, Senate Republicans are set to confirm Amy...

Senate votes to advance Barrett; confirmation expected Monday

By LISA MASCARO AP Congressional CorrespondentWASHINGTON (AP) — Senate Republicans voted overwhelmingly Sunday to advance Supreme Court nominee Amy Coney Barrett toward...