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Rockwell Collins was a multinational corporation headquartered in Cedar Rapids, Iowa, providing avionics and information technology systems and services to government agencies and aircraft manufacturers. It was formed when the Collins Radio Company, facing financial difficulties, was purchased by Rockwell International in 1973.
2017, UTC proposed to acquire Rockwell Collins in cash and stock for $23 billion, $30 billion including Rockwell Collins' net debt, for $500+ million of synergies expected by year four. In 2018, the company announced the Rockwell Collins deal had closed, and that it will split into three independent companies. [45]
The split was structured so that Rockwell Automation was the legal successor of Rockwell International, while Rockwell Collins was the spin-off. Rockwell Automation retains Rockwell International's stock price history and continues to trade on the New York Stock Exchange under the symbol "ROK". Keith Nosbusch was named chief executive officer ...
Rockwell Collins repurchased a lot of stock in 2007 when shares were fairly high, pulled way back as they plunged in 2009, and came back with buybacks after shares rebounded.
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The 10-second takeawayFor the quarter ended Dec. 31 (Q1), Rockwell Collins met expectations on revenue and beat expectations on earnings per share. Rockwell Collins Beats Analyst Estimates on EPS ...
Collins Aerospace is an American technology company that is one of the world's largest suppliers of aerospace and defense products. Headquartered in Charlotte, North Carolina , [4] it is a subsidiary of RTX Corporation (formerly Raytheon Technologies).
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