As seen on:
ntv-logo sky-logo comedy-central-logo

TRUMP WORRIED ABOUT $121 BILLION DEFENSE MERGER

  • A merger could hurt competition, warns Trump
  • The new company would generate $74 billion in annual sales

The United States President Donald Trump said he is concerned with the $121 billion proposed merger between the United Technologies Corp (NYSE:UTX) and Raytheon (NYSE:RTN).

“I want to see that we don't hurt our competition. I don't want to see where we have one less person that can compete for an order,” said Trump while praising both companies.

If the merger goes through as planned, a combined company would generate around $74 billion in annual sales.