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Re:Raytheon, United Technologies Merger Will Create A New Ae... by lotaezenwa on Monday June 10, 2019 @01:38PM (#20148921)
The implications this merger could have for local and national politics is understated.

Entire Congressional Districts whose main employer is either Raytheon or UTC could see their plants consolidated. Or closed.

Lobbyists for both companies will be working with each other on projects and initiatives, which could result in pressure for other defense companies to merge.

Re:Raytheon, United Technologies Merger Will Create A New Ae... by brixon on Monday June 10, 2019 @02:44PM (#20149538)
Did you see their website posted for the merger? There will be 4 divisions/segments/??? 2 are from UTC and 2 from Raytheon, it does not seem like they are planning for a real integration.
Re:Raytheon, United Technologies Merger Will Create A New Ae... by lotaezenwa on Monday June 10, 2019 @03:18PM (#20149839)
I did not, so maybe this disqualifies me from commenting further, however I typically don't read press releases because they often contain lies, spin, and everything in between.

I'll give it a look.

Re:Raytheon, United Technologies Merger Will Create A New Ae... by seldonnn on Monday June 10, 2019 @08:57PM (#20152265)
Oh so you don’t bother to figure out the facts prior to posting your opinion online? So smart!
Re:Raytheon, United Technologies Merger Will Create A New Ae... by AaronFriel on Monday June 10, 2019 @10:11PM (#20152563)
Reading press releases is rarely as useful as reading the filings. Whether it's a company's financial numbers (ignore the PR, read the 10-K), an up and coming IPO (definitely ignore the investors and underwriters, read the S-1), or even a piece of legislation (ignore the congressional testimony, it's for cable news soundbites, read the floor text and amendments).
Re:Raytheon, United Technologies Merger Will Create A New Ae... by richk449 on Monday June 10, 2019 @09:38PM (#20152439)
What does reading a companies pr website have to do with figuring out the facts?
Re:Raytheon, United Technologies Merger Will Create A New Ae... by Wowfunhappy on Monday June 10, 2019 @03:28PM (#20149935)
Worth noting, UTC currently has four major business units, and they were already planing to sell 2.
Re:Raytheon, United Technologies Merger Will Create A New Ae... by burfog on Monday June 10, 2019 @02:42PM (#20149519)
I really don't see "Entire Congressional Districts" losing anything. The whole point is probably to get more votes in congress. The more districts the better.

It's amazing and refreshing when a company breaks this costly trend. Relative newcomer SpaceX is already up to at least 5 states plus DC.

Re:Raytheon, United Technologies Merger Will Create A New Ae... by lotaezenwa on Monday June 10, 2019 @03:09PM (#20149753)
Once they gain a larger foothold on certain communities and districts, their incentives will change. As well as their ability to solidify votes in the affected states.

Kind of like how the electoral college system vs. popular vote system influences where presidential candidates campaign, I believe Raytheon will have a greater incentive to target one or two communities with a lot of sway at different political levels as opposed to several districts with little. It's cheaper to do and more cost effective.

Maybe I don't see it the way you do, but I do not see this as a net positive for communities whose sole employer is Raytheon. The measures I'm using are wages, employment, and quality of life.

Re:Raytheon, United Technologies Merger Will Create A New Ae... by phkahler on Monday June 10, 2019 @03:31PM (#20149962)
I want SpaceX in Michigan! Or even Wisconsin - launch over the great lakes.
Re:Raytheon, United Technologies Merger Will Create A New Ae... by seldonnn on Monday June 10, 2019 @08:55PM (#20152257)
There is very little product overlap so this is categorically false. UTC makes aircraft engines, commercial jet interiors, and avionics. Raytheon makes missiles, radars, and ISR equipment. Please explain how you make a missile in a a turbine engine factory.
Re:Raytheon, United Technologies Merger Will Create A New Ae... by lotaezenwa on Tuesday June 11, 2019 @07:14PM (#20160378)
>Please explain how you make a missile in a turbine engine factory

It's pretty rare for a single office to create, from start to finish, an entire product, like an engine or missile. The assembly line is distributed in the first place, with separate offices attaching, refitting, and validating different pieces of the entire weapon system.

So I do not believe this comment comes from a place of knowledge on this subject. My comment also asserts that factories are not static, just because they produce something now doesn't mean that they can't be assigned something later.

Re:Raytheon, United Technologies Merger Will Create A New Ae... by outworlder on Monday June 10, 2019 @09:55PM (#20152509)
Tomahawks? At least, a sizeable fraction of one.