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Raytheon and United Technologies aerospace businesses to merge

Raytheon Company and United Technologies have entered into an agreement to combine in an all-stock merger of equals.

The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defence.

The merger of Raytheon, a leading defence company, and United Technologies, a leading aerospace company, comprised of Collins Aerospace and Pratt & Whitney, will offer a complementary portfolio of platform-agnostic aerospace and defence technologies.

Groupe PSA carries out autonomous driving tests in L3Pilot project

Since the start of April, Group PSA’s vehicles equipped with level 3 autonomous driving functions have been operating on open roads in France as part of the European L3Pilot project.

Six to eight vehicles will undergo intensive driving tests to validate autonomous functions on dual carriageways.

The project is strengthening Groupe PSA’s expertise in the development of autonomous vehicles, thanks to a global ecosystem of partners, including European carmakers, research centres and roads authorities.

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