# 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.

- Type: Acquisition
- Announced: 2017-10-04
- Where: United States
- Value: $30.0B
- Status: announced
- Products: avionics, interiors, defense electronics
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [United Technologies Corp.](https://endata.com/companies/937.md) (acquirer)
- [Rockwell Collins Inc.](https://endata.com/companies/17593.md) (target)

## Sources

- [co-production.net](https://www.co-production.net/mexico-manufacturing-news/aerospace-industry-reaching-an-agreement.html), 2017-10-04: "United Technologies (UTC) shocked the aerospace industry by reaching an agreement to acquire Rockwell Collins for a cool $30 billion."
- [doi.org](https://doi.org/10.1002/j.2637-496x.2017.tb01037.x), 2017-11-01: "United Technologies Corp. (UTC) and Rockwell Collins recently announced that UTC will acquire Rockwell Collins for $30 billion, or $140.00 per share in cash and UTC stock."
- [corridorbusiness.com](https://corridorbusiness.com/rockwell-board-rejected-joint-venture-with-utc/), 2017-11-15: "United Technologies Corp. (UTC) is on track to acquire Rockwell Collins in the third quarter of fiscal 2018 and plans to create a new Collins Aerospace Systems unit with its Aerospace Systems businesses."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.