United Technologies To Pay $30 Billion For Rockwell Collins

Deal was announced on Monday (Sept. 4.).

United Technologies Corp.’s proposed $30 billion acquisition of Rockwell Collins will create an unparalleled aerospace supplier, marrying the latter’s avionics and cabin interiors business with UTC Aerospace Systems, and with engine maker Pratt & Whitney not far apart.

The late-Sept. 4 announcement by both companies that Farmington, Connecticut-based UTC would buy Cedar Rapids, Iowa-based Rockwell caps nearly a month of open speculation that the companies would merge to create a super-Tier One provider, dominating the Western aerospace supply chain from engines to cockpits and everything in between.

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