Carlyle in Raytheon Aircraft Hunt

Raytheon Co. (NYSE: RTN) is in advanced talks to sell its Raytheon Aircraft Co. unit to a private equity firm, according to The Boston Globe. The company had retained Credit Suisse in July to explore “strategic alternatives” for the unit, and reportedly has received bids from The Carlyle Group, Cerberus Capital Management and Onex Partners. The unit is expected to be valued at between $2.75 billion and $3.25 billion. www.raytheon.com