Home / M&A Activity / Kelly Ortberg: Rockwell Collins Finalizes Satcom Tech Portfolio Sale

Kelly Ortberg: Rockwell Collins Finalizes Satcom Tech Portfolio Sale

Rockwells Collins logo_GovConWireRockwell Collins (NYSE: COL) has sold a business unit that designs and manufactures satellite ground equipment for military communications use.

“This transaction is part of a strategy to reshape our government systems portfolio to align with the changing dynamics of the defense environment, and focus on core products that will fuel future growth for the company, ” Kelly Ortberg, Rockwell Collins president and CEO,  said Friday.

That satcom tech business employs 365 staff members and has office locations in Duluth, Georgia and Stockholm, Sweden.

Cedar Rapids, Iowa-based Rockwell Collins builds technology products in the data management, flight deck avionics, simulation, mission communications and cabin electronic areas.

Check Also

Carahsoft Adds AWS Offerings on GSA IT Schedule 70 Contract; Will Jones Quoted

Carahsoft Technology has expanded its role as an Amazon Web Services distributor by offering the AWS suite of cloud-based products and services via the General Services Administration's IT Schedule 70 contract vehicle.

AE Industrial Partners to Buy Rotocraft Services Provider Columbia Helicopters

Private equity firm AE Industrial Partners has agreed to acquire heavy-lift rotorcraft manufacturing and operations services provider Columbia Helicopters for an undisclosed amount. AEI said Thursday Columbia Helicopters CEO Steve Brandy will continue to serve in his position and Nancy Lematta will keep her majority share as part of the transaction.