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BUSINESS
August 8, 2012 | By W.J. Hennigan
LAS VEGAS -- Two of the major challenges the government faces in attempting to allow thousands of small drones into U.S. airspace are knowing where the aircraft are in relation to other aircraft flying nearby and making sure they're safe from hacker attacks. Rockwell Collins Inc.  believes it has addressed both concerns with a device that's slightly larger than a postage stamp. The company's unassuming MicroGRAM device promises to provide precise and secure GPS technology for the kind of small drones that police agencies want to use to spot runaway criminals.
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BUSINESS
August 12, 2013 | By Ricardo Lopez
Rockwell Collins Inc. announced over the weekend it is buying ARINC, a flight systems company, for $1.39 billion, from private equity firm the Carlyle Group. The deal will bolster Cedar Rapids, Iowa-based Rockwell Collins' flight systems business. "Strategically, this acquisition is a natural fit for Rockwell Collins,” Kelly Ortberg, Rockwell Collins' chief executive, said in a statement. “It accelerates our strategy to develop comprehensive information management solutions by building on our existing information-enabled products and systems and ARINC's ground - based networks and services to further expand our opportunities beyond the aircraft.
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BUSINESS
August 12, 2013 | By Ricardo Lopez
Rockwell Collins Inc. announced over the weekend it is buying ARINC, a flight systems company, for $1.39 billion, from private equity firm the Carlyle Group. The deal will bolster Cedar Rapids, Iowa-based Rockwell Collins' flight systems business. "Strategically, this acquisition is a natural fit for Rockwell Collins,” Kelly Ortberg, Rockwell Collins' chief executive, said in a statement. “It accelerates our strategy to develop comprehensive information management solutions by building on our existing information-enabled products and systems and ARINC's ground - based networks and services to further expand our opportunities beyond the aircraft.
BUSINESS
August 8, 2012 | By W.J. Hennigan
LAS VEGAS -- Two of the major challenges the government faces in attempting to allow thousands of small drones into U.S. airspace are knowing where the aircraft are in relation to other aircraft flying nearby and making sure they're safe from hacker attacks. Rockwell Collins Inc.  believes it has addressed both concerns with a device that's slightly larger than a postage stamp. The company's unassuming MicroGRAM device promises to provide precise and secure GPS technology for the kind of small drones that police agencies want to use to spot runaway criminals.
BUSINESS
September 18, 1999 | Bloomberg News
Rockwell International Corp.'s avionics division sued Hughes Electronics Corp., claiming Hughes failed to disclose vital information about a subsidiary sold to Rockwell in 1997. Rockwell alleges that Hughes failed to disclose that its Hughes-Avicom International Inc. wasn't complying with a contract to design and build a communications interface for Boeing Co.'s 747s and 767s.
BUSINESS
October 25, 2000 | Bloomberg News
Rockwell International Corp.'s aviation unit agreed to buy the parent of Kaiser Aerospace & Electronics Corp. for $300 million, only a day after General Electric Co. said it will buy Rockwell rival Honeywell International Inc. Rockwell Collins signed a definitive agreement to buy Foster City, Calif.-based K Systems Inc., the holding company for Kaiser Aerospace, a maker of display products for fighter aircraft and related products for the defense industry, the Milwaukee-based Rockwell said.
BUSINESS
June 15, 2002 | Bloomberg News
Rockwell Collins Inc., a maker of instruments for aircraft cockpits, agreed to buy Acterna Corp.'s Airshow unit in Tustin for $160 million to gain electronic-control products for business jet passenger cabins. The cash acquisition would dilute Rockwell Collins' fiscal 2003 profit slightly, the company said. Airshow, which had fiscal 2002 sales of $65 million, employs about 330. Airshow makes climate, light and video controls.
BUSINESS
December 9, 1998 | Associated Press
John D. Cosgrove will step down in January as president of Rockwell International Corp.'s Rockwell Collins unit, the Costa Mesa company said Tuesday. Cosgrove, 64, who is retiring, will be replaced by Clayton M. Jones, the company's executive vice president. Cosgrove was named president of the aviation electronics unit in 1996. Before that, he was president of the Rockwell Collins Avionics & Communications Division. He joined the Collins Radio Co.
BUSINESS
December 12, 1997 | Bloomberg News
Rockwell Collins, a unit of Costa Mesa-based Rockwell International Corp., said Thursday it won a contract from American Airlines Inc. worth an estimated $200 million to serve as the Dallas-based air carrier's main avionics supplier for its fleet of new Boeing planes. The 10-year contract calls for Rockwell Collins to provide avionics systems for the airline's recent order of 75 Boeing 737s and 11 Boeing 777s. The order is part of American's plan to become an all-Boeing fleet in 20 years.
BUSINESS
February 10, 1999 | Bloomberg News
Rockwell International Corp., the largest U.S. maker of factory automation equipment, said Tuesday it agreed to buy the remaining half of its Flight Dynamics joint venture for an undisclosed price to add to its line of aviation electronics products. Flight Dynamics makes guidance systems that help pilots fly in low visibility. The Portland, Ore.-based company, which has 250 employees, was a venture between Rockwell's avionics unit, Rockwell Collins, and Kaiser Aerospace Electronics Corp.
CALIFORNIA | LOCAL
November 3, 2006 | Peter Pae, Times Staff Writer
Robert Anderson, a colorful automotive engineer who turned Rockwell International Corp. into an aerospace powerhouse that in its heyday built the space shuttle and the B-1B bomber in sprawling Southern California factories, has died. He was 85. Anderson died Saturday at his home in Los Angeles from complications of cancer, said Pamela Tvrdy, a spokeswoman for Rockwell Collins, one of several companies that were spun off from Rockwell International.
BUSINESS
June 15, 2002 | Bloomberg News
Rockwell Collins Inc., a maker of instruments for aircraft cockpits, agreed to buy Acterna Corp.'s Airshow unit in Tustin for $160 million to gain electronic-control products for business jet passenger cabins. The cash acquisition would dilute Rockwell Collins' fiscal 2003 profit slightly, the company said. Airshow, which had fiscal 2002 sales of $65 million, employs about 330. Airshow makes climate, light and video controls.
BUSINESS
May 5, 2002
"A Weapon That Will Turn Heads" [April 6] claimed that much of the development of this system was done by Rockwell Collins and an Israeli firm. Shortly after 1970, Lockheed developed a system that was put on the Cheyenne helicopter. A Gatling-type gun was mounted under the pilot and would turn in whatever direction the pilot's head turned. The gun was controlled by the helmet the pilot wore. He could aim and fire at whatever he looked at without moving the helicopter. All of the design effort and tooling developed by Lockheed went into the Apache, manufactured by Hughes Helicopters, after the Army canceled the Cheyenne contract.
BUSINESS
June 5, 2001 | Reuters
Rockwell International Corp. said it set the distribution ratio for its spinoff of the Collins avionics business, giving stockholders one share of the new company for each Rockwell share held. The distribution of Collins shares should occur June 29, the company said. Shareholders of record on June 15 will receive one share of the new Rockwell Collins company, whose stock will be listed on the New York Stock Exchange under the ticker symbol COL. The company will be called Rockwell Automation.
BUSINESS
April 13, 2001
* Ameritrade Holding Corp. said it cut 270 to 300 jobs, as much as 76% more than the firm said it planned last month, as declines in U.S. stocks curtailed online trading. The company also said it will reduce its $200-million advertising budget by as much as 30%, or $50 million to $60 million. * Coca-Cola Enterprises Inc., the largest bottler of Coca-Cola Co. beverages, named Vice Chairman Lowry Kline chief executive, succeeding Summerfield Johnston Jr., who is retiring.
NEWS
December 9, 2000 | Reuters
The Senate passed a bill that gives Federal Reserve Chairman Alan Greenspan an 11% raise. The Fed measure was included in the American Homeownership and Economic Opportunity Act, which among other things boosts Greenspan's pay to about $157,000 a year--up from $141,300--to put the Fed chief's pay on par with those of U.S. Cabinet members. The bill, which passed by voice vote, also fattens the paychecks of the seven Fed governors, who also vote on U.S. interest rates, from $132,000 to $141,300 a year.
BUSINESS
July 20, 1999 | Dow Jones
Rockwell International Corp.'s communications and aviation electronics unit, Rockwell Collins, plans to acquire Intertrade Ltd., an avionics spare parts supplier. Financial terms weren't disclosed. Costa Mesa-based Rockwell said Monday the acquisition will expand its services business, including its Collins Aviation Services unit.
BUSINESS
February 17, 1998 | From Bloomberg News
Rockwell International Corp. said Monday that it has won a contract from British Airways Plc to install its Rockwell Collins in-flight entertainment system in more than 100 jetliners. Terms of the contract weren't disclosed at British Airways' request, a Rockwell spokesman said. This is Rockwell Collins' first major contract for its in-flight entertainment system.
BUSINESS
October 25, 2000 | Bloomberg News
Rockwell International Corp.'s aviation unit agreed to buy the parent of Kaiser Aerospace & Electronics Corp. for $300 million, only a day after General Electric Co. said it will buy Rockwell rival Honeywell International Inc. Rockwell Collins signed a definitive agreement to buy Foster City, Calif.-based K Systems Inc., the holding company for Kaiser Aerospace, a maker of display products for fighter aircraft and related products for the defense industry, the Milwaukee-based Rockwell said.
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