Raytheon and United Technologies to merge – here's what experts are watching

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Raytheon and United Technologies to merge – here's what experts are watching
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Raytheon and United Technologies to merge – here's what experts are watching $RTN $UTX (via TradingNation)

could make the industry less competitive, Raytheon CEO Tom Kennedy tells CNBC the two companies are more like partners than competitors.

Sheila Kahyaoglu, aerospace and defense analyst at Jefferies, says companies in the industry see mergers as the best way forward. Ron Epstein, research analyst at Bank of America, sees a formidable player in the industry once the merger goes through.

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