Merger of Raytheon Company and United Technologies Corporation complete

Raytheon Technolodies expects to complete a new facility at its Space and Airborne Systems headquarters in McKinney in late 2020. (Rendering courtesy Raytheon Technologies)
Raytheon Technolodies expects to complete a new facility at its Space and Airborne Systems headquarters in McKinney in late 2020. (Rendering courtesy Raytheon Technologies)

Raytheon Technolodies expects to complete a new facility at its Space and Airborne Systems headquarters in McKinney in late 2020. (Rendering courtesy Raytheon Technologies)

Raytheon Company and United Technologies Corporation announced a complete merger April 3. The combined company is now known as Raytheon Technologies Corporation.

The corporation expects to introduce breakthrough technologies in hypersonics, directed energy, avionics and cybersecurity, among other areas, according to the announcement.


"Raytheon Technologies brings together two companies with combined strengths and capabilities that make us uniquely equipped to support our customers and partners during this unprecedented time,” Raytheon Technologies CEO Greg Hayes said in the announcement. “We will also play our part in the war on the COVID-19 pandemic, including doing everything we can to keep our employees around the globe safe and well,"

Raytheon’s Space and Airborne Systems headquarters in McKinney expect to open a new building in late 2020, as previously reported by Community Impact Newspaper.