The Surveyor

Rockwell Collins

Lars Andersland, Staff Reporter

Hang on for a minute...we're trying to find some more stories you might like.


Email This Story






On Sept. 27, 2017, United Technologies Corporation (UTC) bought out Rockwell Collins for roughly $30 billion. This buyout was not finalized until the acquisition of Rockwell Collins was approved by the European Union (EU) in early May 2018.

The merger of these two large aerospace corporations brought about concerns that market competition in the aerospace industry would decline. After making various concessions to the EU, the UTC merger with Rockwell was approved. This merger creates one of the world’s largest aerospace equipment suppliers and directly impacts Cedar Rapids. Now officially known as Collins Aerospace, Collins executives will move from their Cedar Rapids location to Palm Beach County Florida. In a statement issued by the UTC, this Florida operation was referred to as a “small executive leadership office.”

Except for the elimination of certain executive positions, this move will not significantly affect the 8,000 employee branch of Collins Aerospace in Cedar Rapids as the branches avionics and mission systems responsibilities will remain virtually the same.

Print Friendly, PDF & Email

Leave a Comment

If you want a picture to show with your comment, go get a gravatar.




*

Navigate Right
Navigate Left
  • Rockwell Collins

    NEWS

    Food Fair-Illegal as Heck

  • Rockwell Collins

    LOCAL EVENTS

    Pet Palooza

  • Rockwell Collins

    NEWS

    Biology Blood Testing Lab

  • Rockwell Collins

    NEWS

    Show Choir Nationals

  • Rockwell Collins

    NEWS

    Important Dates for Seniors

  • Rockwell Collins

    NEWS

    World News Briefs

  • NEWS

    Photo Slide Show Mr. Washington

  • Rockwell Collins

    NEWS

    WLP Nationally Recognized

  • Rockwell Collins

    FEATURES

    Despite Blizzard, The March For Our Lives Rally Marches On.

  • Rockwell Collins

    FEATURES

    The fight for LGBTQ rights

The student news site of Cedar Rapids George Washington High School
Rockwell Collins