InfraDefenceThe capital behind defence.
M&A · Completed · 26 Nov 2018

United Technologies acquisition of Rockwell Collins

UTC bought Rockwell Collins, which was combined with UTC Aerospace Systems to form Collins Aerospace.

Company
Rockwell Collins
Type
M&A
Status
Completed
Date
26 Nov 2018
Value
Not disclosed
Value basis
About US$15.5bn cash plus about 62.4m UTC shares; about US$8bn of Rockwell Collins debt stayed outstanding
Region
US
Segment
Defence electronics and avionics

Parties

Key terms

Cash consideration
about US$15.5bn
Shares issued
about 62.4m UTC shares
Debt left outstanding
about US$8bn

Sources

  1. UTC 8-K: UTC completes acquisition of Rockwell Collins sec.gov · 27 Nov 2018
  2. UTC 8-K: pro forma financial information on the Rockwell Collins merger sec.gov · 21 Dec 2018

Record DEF-INV-2018-0008. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
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