United Technologies to acquire Rockwell Collins for $30B

United Technologies reached an agreement to acquire Rockwell Collins for $30 billion, combining UTC Aerospace Systems and Rockwell Collins into a new business unit named Collins Aerospace Systems.

“United Technologies (UTC) shocked the aerospace industry by reaching an agreement to acquire Rockwell Collins for a cool $30 billion.”co-production.net

• 3 sources
• co-production.netMega-Merger: What UTC-Rockwell Collins Means For Aerospace - Co-Production International, Inc.Kevin MichaelsOct 4, 2017
• doi.orgIndustry NewsJenny DonelanNov 1, 2017
• corridorbusiness.comRockwell board rejected joint venture with UTCDave DeWitteNov 15, 2017

Summarized from public sources; check the original articles before acting on it.