Raytheon ‘Confident’ as Aerospace Megamerger Nears Finish Line

Raytheon Co. says it’s on track to close a transformational merger with United Technologies Corp. in the second quarter, after a pair of recent divestitures set the companies up for regulatory approval.

Final preparations are underway for the tie-up, and Raytheon is setting up new internal structures and choosing executives for the combined organization, said Chief Financial Officer Toby O’Brien.

“We are confident we will get to an early Q2 close,” O’Brien said in an interview Thursday after Raytheon reported fourth-quarter results. With most major hurdles out of the way, he said, only a major surprise would throw off ...