Raytheon Consolidates Defense Divisions, Seeks Better Profitability

January 24, 2023
Raytheon
Credit: Rob Crandall/Alamy Stock Photo
Raytheon Technologies will merge its two defense divisions under the Raytheon brand, the company announced Jan. 24. The aerospace and defense leader is also formally promoting Chris Calio to president to carry out the restructuring as it seeks to be more operationally profitable in the face of...

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