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Rockwell Collins To Acquire SATCOM Systems Provider DataPath

DDN

Thursday, April 2nd, 2009

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By Calvin Biesecker Rockwell Collins [COL] yesterday said it plans to acquire DataPath, Inc., a provider of satellite communications (SATCOM) network solutions to military and commercial customers, in a deal valued at $130 million. The purchase price includes a $20 million cash payment and the assumption of $110 million in DataPath debt and existing obligations. The deal, which is expected to close in about 45 days subject to regulatory and other approvals, is expected to be neutral to Rockwell Collins'…

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Congress

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