United Technologies to acquire Rockwell Collins for $30bn

United Technologies and Rockwell Collins have reached a definitive agreement under which United Technologies will acquire Rockwell Collins for $140.00 per share, in cash and UTC stock. Rockwell Collins, recognized for its avionics, flight controls, aircraft interior and data connectivity solutions, estimated sales are greater than $8 billion. “This acquisition adds tremendous capabilities to our aerospace businesses and strengthens our complementary offerings of technologically advanced aerospace systems,” said UTC Chairman and Chief Executive Officer Greg Hayes. “Together, Rockwell Collins and UTC Aerospace Systems will enhance customer value in a rapidly evolving aerospace industry by making aircraft more intelligent and more