The U.S. military has been increasingly interested in developing technology such as hypersonic weapons, which would fly at speeds of Mach 5 or faster, and laser weaponry. Hayes said during Monday’s call that the combined company would be in a position to “immediately address” research and development priorities in those areas. “Merging our two companies brings Raytheon’s deep expertise to vehicle integration, advanced guidance and control and payload and combines it with UTC’s world-class propulsion technology,” he said.

Source: Los Angeles Times June 10, 2019 19:14 UTC