Raytheon Aircraft Goes for $3.3 Billion

Raytheon Co. (NYSE: RTN) has agreed to sell its Raytheon Aircraft Co. unit to Onex Corp. and Goldman Sachs for $3.3 billion. The company had retained Credit Suisse in July to explore “strategic alternatives” for the unit, and reportedly had received alternate bids from The Carlyle Group and Cerberus Capital Management. www.raytheon.com