Aviation Week publishes “Back to the Future”, a commentary by Steve Grundman about the proposed merger of United Technologies and Raytheon and what it tells us about the aerospace industry

27 June 2019 • 0 Comments

Writing in the Up Front column of Aviation Week & Space Technology, Steve Grundman explains how the announced merger confirms a sharp change in our outlook on both the defense and civil airliner markets and establishes a bellwether of new corporate-development trends we may see unfolding in the future. The essay concludes, “The UTC-Raytheon merger is a salutary throwback to an era before 1993 when the capabilities and assets of commercial aerospace and defense firms were combined under iconic brands . . . and expresses a back-to-the-future story line to reintegrate our industry and reclaim the financial, technological and economic synergies that a more diversified portfolio can exploit.”

VIEW AVIATION WEEK COLUMN HERE

VIEW EXPANDED COMMENTARY HERE

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