United Technologies to Acquire Rockwell Collins for $30 Billion

9/26/2017 6:50 PM 

Aircraft-parts suppliers United Technologies Corp. (UTC) and Rockwell Collins recently announced that UTC will acquire Rockwell Collins for $30 billion, or $140.00 per share in cash and UTC stock. According to Bloomberg Technology, the combination of Boeing’s second-largest supplier (UTC) with its ninth (Rockwell Collins) should give the new entity, Collins Aerospace Systems, considerable clout in negotiating with Boeing as well as other customers, including Airbus SE.

Bloomberg also noted that the new company will achieve near “one-stop shop” status in terms of parts. Rockwell Collins is known for its avionics, flight controls, aircraft interiors (including touch-enabled cockpit displays). UTC makes flight actuators, Pratt & Whitney jet engines, and much more. The deal is expected to close by the third quarter of 2018.

 

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