• Safi Bello

Justice Department Requires UTC to Divest Two Aerospace Businesses to Proceed With Acquisition of Ro

U.S. Department of Justice press release --------- The Department of Justice announced on Monday that it will require United Technologies Corporation (UTC) to divest two businesses critical to the safe operation of aircraft to proceed with its acquisition of Rockwell Collins. First, UTC will divest Rockwell Collins’s pneumatic ice protection systems business. Pneumatic ice protection systems remove ice from the wing of an aircraft by means of an inflatable rubber de-icing boot. Second, UTC will divest Rockwell Collins’s trimmable horizontal stabilizer actuators (THSAs) business. THSAs ensure that an aircraft maintains altitude during flight by adjusting the angle of the horizontal tail surface. To learn more click on the picture below to read the release.

Justice Department Requires UTC to Divest Two Aerospace Businesses to Proceed With Acquisition of Rockwell Collins - Read More from DOJ

0 views
Featured Posts
Recent Posts
Follow Us
  • Instagram
  • Pinterest
  • Tumblr Social Icon