Rockwell Collins Purchases B/E Aerospace for $8.3 billion

B/E Aerospace accepted Rockwell Collins offer of $8.3 billion for the entire company. The combined entity will build a wide variety of essential aviation systems, including cockpit displays, fly-by-wire technology, de-icing systems, autopilot systems, communications, in-flight entertainment, galleys, cabin lighting, and crew rests. (rockwellcollins.acquisitionannouncement.com) More...