- No guarantee efforts will lead to a transaction, people say
- Potential acquisition would be among biggest ever in aerospace
Jet-engine manufacturer is weighing an acquisition of aviation-equipment supplier , according to people familiar with the matter, in a deal that would potentially rank among the largest ever in the industry.
Rockwell Collins has a market value of $19.3 billion, raising the prospect that a transaction would top United Technologies’ own $18 billion purchase of Goodrich Corp. in 2012. Billionaire Warren Buffett’s Berkshire Hathaway Inc. completed the biggest aerospace deal last year when it bought Precision Castparts Corp. for $37 billion.
Representatives of United Technologies and Rockwell Collins declined to comment. There’s no certainty the deliberations will lead to a transaction, the people said, asking not to be identified because the details aren’t public. It’s unclear whether the companies are currently in talks, the people said.
A deal would give the aerospace manufacturers greater heft as and ...
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