Raytheon completes Hughes merger

1998-01-07T00:00:00

Raytheon has completed its merger with Hughes Aircraft, creating the USA's third- largest defence-aerospace company, with combined annual sales of more than $20 billion. Raytheon paid $9.5 billion for Hughes - $5.46 billion in stock and $4.04 billion in assumed debt.

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

Increased access to online news and in-depth articles from:
FlightGlobal Premium covering the global aviation industry
Airline Business providing insight for business leaders
Weekly newsletters on topics across the industry

Join now