In $30 Billion Deal, United Technology To Buy Rockwell Collins

September 06 2017

USA

Jet-engine maker United Technologies has agreed to buy aircraft parts manufacturer Rockwell Collins in a deal that may be the largest ever in the defense and aerospace industry, reports the Financial Times (U.K.).

Including debt, the deal is valued at about $30 billion.

United Technologies (UTC), Farmington, Conn., said on Monday that it had reached an agreement to acquire Rockwell Collins, Cedar Rapids, Iowa.

Rockwell Collins is a leader in aviation and high-integrity...

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