Aerospace Group:

Rockwell Collins To Purchase ARINC For $1.39 Billion

By Cal Biesecker

Tuesday, August 20th, 2013

SHARE:

Rockwell Collins [COL] President and CEO Kelly Ortberg said Aug. 12 the company’s proposed $1.39 billion acquisition of ARINC Inc. is based on where Rockwell Collins sees the industry headed: toward greater connectivity and information-enabled solutions between the aircraft and ground. The tentative deal announced Sunday will combine two players in the growing field of aviation information management, combining ARINC’s networks and services with the avionics and cabin technologies developed by Rockwell Collins, the company said in a statement. Ortberg…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]