No audio available for this content.
United Technologies Corp. (UTC) has completed its acquisition of Rockwell Collins. The two companies will now combine to form Collins Aerospace Systems and be based in Palm Beach City, Florida.
Collins Aerospace Systems will have about 70,000 employees. Rockwell Collins CEO and President Kelly Ortberg will be the CEO of the newly formed company. UTC Aerospace President Dave Gitlin will serve as president.
There are no immediate changes planned as to how many employees will be based in Cedar Rapids, Iowa, or Collins Aerospace’s other locations in Eastern Iowa, said Collins Aerospace spokeswoman Pam Tvrdy-Cleary.
However, the company’s avionics and mission systems will be based in Cedar Rapids. Kent Statler, former Rockwell chief operating officer for commercial systems, will head the avionics unit, and Phil Jasper, former Rockwell chief operating officer for government systems, will be in charge of the mission systems.
