Rockwell Collins has successfully completed the acquisition of ARINC Incorporated from The Carlyle Group for $1.4 billion.
“With this move we take a major leap forward to realizing our vision of providing a richer set of seamless information management solutions that encompass the aircraft and ground-based systems,” said Kelly Ortberg, CEO and president of Rockwell Collins. "The acquisition represents an exciting new growth platform for Rockwell Collins and shifts the balance of the company toward the expanding commercial aviation sector."
“Combining ARINC’s high-performance, high-quality and high-assurance networks and services with our information systems onboard the aircraft strengthens our ability to deliver improved efficiency and safety, and enhanced connectivity,” added Ortberg. “In addition, the acquisition opens up adjacent market opportunities by leveraging ARINC’s strong presence in airport information systems and the broader transportation and security segments.”
The company expects the impact of the acquisition to be EPS accretive once certain transaction and integration costs have been incurred. The majority of integration activities are expected to be completed in six to nine months. For the near term, customers can expect business as usual, and should continue to work with their current sales representatives, customer service centers and web-based resources.
In addition, due to a lack of fit with its long-term strategy, Rockwell Collins has initiated preparatory efforts to divest ARINC’s Aerospace Systems Engineering and Support business, which provides military aircraft integration and modifications, maintenance, and logistics and support. In total these businesses accounted for approximately 15 percent of ARINC’s FY’13 revenues.
Rockwell Collins today announced that Robert J. Perna, has been appointed senior vice president and general counsel for the company, effective Jan
Rockwell Collins will supply EP-8000 image generators for Boeing Apache Longbow Crew Trainers (LCT). LeAnn Ridgeway, vice president and general manager of Simulation & Training Solutions for Rockwell Collins, said the contract is the latest example of providing reliability and innovation for the Apache LCT program
Rockwell Collins has been selected by the Defense Advanced Research Projects Agency (DARPA) to develop a direct conversion digital receiver based on photonic technology under a three-year contract worth $8.5 million
Rockwell Collins and Lockheed Martin have successfully conducted two-phase airborne testing of the Mobile User Objective System (MUOS) using the new generation ARC-210 airborne software defined radio. During the first phase of the testing, the MUOS parametres were monitored and data was collected for the Lockheed Martin engineering team through a series of ground tests
Rockwell Collins today announced that Chafik Hilal has been named Managing Director, Middle East, Turkey and Africa, effective January 1, 2014. In this role, Hilal will be responsible for leading and developing the companys commercial and government systems business interests in the region
Rockwell Collins has been selected by the US Coast Guard to provide the Radar Sensor System (RSS) for 102 MH-65E aircraft. Rockwell Collins RTA-4114 MultiScan Weather Radar with enhanced ground/shoreline mapping and a new maritime surface search mode will provide the Coast Guard with a lightweight, flexible, and supportable solution
The Indian firm, Park Controls & Communications (P) Ltd. today selected the Rockwell Collins new 721S Fixed Site Ground radio as an integral part of an advanced telemetry system for the Indian Air Force
Rockwell Collins has won a $14 million contract for replenishment spare parts in support of the A/24A-56 joint helmet mounted cueing system. Work completion is dated July 31, 2015
Rockwell Collins next generation TacNet Tactical Radio (TTR) has received final National Security Agency certification, clearing the way to bring essential situational awareness to all warfighters through the smallest form factor, standalone Link 16 terminal. “The TacNet Tactical Radio opens up Link 16 networked communications to a wide range of new users and gives warfighters the connectivity they need to successfully complete missions with increased survivability,” said Mike Jones, vice president and general manager of Communication and Navigation Products for Rockwell Collins
Rockwell Collins today announced the foundation of a new Information Management Services (IMS) business that combines recently acquired ARINC Inc. with its Flight Information Solutions business and its Ascend family of products and services
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