Rockwell Collins' largest acquisition to date — purchasing communications and systems engineering provider, ARINC, for $1.39 billion from the Carlyle Group — will give the avionics maker its own end-to-end communications link between the ground and the flight deck, a connection that is fundamental to the FAA's Next Generation Air Transportation System (NextGen). The companies announced the “definitive agreement” for the purchase on Aug. 11, with the deal expected to be finalized within 90 ...
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