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United Technologies cements $30B deal to buy Rockwell Collins
Defense News: WASHINGTON — United Technologies Corp. has announced plans to purchase Rockwell Collins for $30 billion, the company announced Sept. 4.
If allowed to move forward, the acquisition would turn UTC into a massive aerospace technology conglomerate capable of building almost any major subsystem on an aircraft. Both companies have little overlap in their product lines — Rockwell is best known for manufacturing avionics, flight controls, communications and displays for the commercial and defense markets, while UTC’s aerospace arm makes structures, landing systems and propellers, and its subsidiary Pratt & Whitney is one of two major military jet engine manufacturers.
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