ROCKWELL COLLINS
Talk is in the air of aerospace megadeal
The deal will potentially rank among the largest so far in the aerospace industry
New York-London — Jet-engine manufacturer United Technologies is weighing an acquisition of aviation equipment supplier Rockwell Collins, according to people familiar with the matter, in a deal that would potentially rank among the largest so far in the aerospace industry. Rockwell Collins has a market value of $19.3bn, raising the prospect that a transaction would top United Technologies’ own $18bn purchase of Goodrich in 2012. Warren Buffett’s Berkshire Hathaway completed the biggest aerospace deal in 2016, when it bought Precision Castparts for $37bn. Representatives of United Technologies and Rockwell Collins declined to comment. There was no certainty the deliberations would lead to a transaction, the people said, asking not to be identified because the details were not public. It was unclear whether the companies were in talks, the people said. A deal would give the aerospace manufacturers greater heft as Boeing and Airbus squeeze suppliers for price reductions amid a planned ...
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