Displays of missiles stand at the Raytheon International Inc. chalet on day two of the Farnborough International Airshow (FIA) 2018 in Farnborough, U.K. (Photographer: Simon Dawson/Bloomberg)

United Technologies, Raytheon to Create Aerospace Giant

(Bloomberg) -- United Technologies Corp. agreed to buy Raytheon Co. in an all-stock deal, forming an aerospace and defense giant with $74 billion in sales in one of the industry’s biggest transacti...