M&A Deal Summary

RTX Acquires Rockwell Collins

On September 4, 2017, RTX acquired electronics company Rockwell Collins for 30.0B USD

Acquisition Highlights
  • This is RTX’s 1st transaction in the Electronics sector.
  • This is RTX’s largest (disclosed) transaction.
  • This is RTX’s 14th transaction in the United States.
  • This is RTX’s 2nd transaction in Iowa.

M&A Deal Summary

Date 2017-09-04
Target Rockwell Collins
Sector Electronics
Buyer(s) RTX
Deal Type Add-on Acquisition
Deal Value 30.0B USD
Advisor(s) J.P. Morgan Securities
Citi (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

Rockwell Collins

Cedar Rapids, Iowa, United States
Rockwell Collins is a developer and deployment of innovative communication and aviation electronic solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, information management, and simulation and training is delivered by a global workforce, and a service and support network that crosses 27 countries. Rockwell Collins was founded in 1933 and is based in Cedar Rapids, lowa.

Search 201,771 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

RTX

Arlington, Virginia, United States

Category Company
Founded 1934
Sector Diversified
Employees185,000
Revenue 68.9B USD (2023)
DESCRIPTION

RTX is a diversified producer of high technology products and services to the building systems and aerospace industries worldwide. The Company's business segments include Pratt & Whitney, UTC Aerospace Systems, and Raytheon which serve commercial and government customers in both the original equipment and aftermarket parts and services markets of the aerospace industry. Pratt & Whitney also provides products to certain industrial markets. Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects and mission support for customers in more than 80 countries. RTX was founded in 1934 and is based in Arlington, Virginia.


DEAL STATS #
Overall 17 of 21
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 14 of 17
State (Iowa) 2 of 2
Country (United States) 14 of 18
Year (2017) 1 of 1
Size (of disclosed) 1 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-20 Sikorsky Aircraft

Stratford, Connecticut, United States

Sikorsky Aircraft Corp. is a designer, manufacturer, and servicer of military and commercial helicopters. Sikorsky was formed in 1925 and is based in Stratford, Connecticut.

Sell $9.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-30 MobileView

United States

MobileView is a provider of mobile surveillance and video management solutions to more than 35,000 transit bus and rail vehicles in the United States. MOBILEVIEW’S products enable transportation professionals to capture, record, analyze, and control video evidence to enhance security, maximize resources, and increase vehicle uptime.

Sell -