Rockwell Collins, Inc. (NYSE: COL) today announced it has completed the sale of its satellite communications business. The business, which designs, manufactures and services ground-based satellite communication systems primarily for military customers, will be renamed DataPath, Inc.
“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,” said Rockwell Collins CEO and President Kelly Ortberg.
The sale includes operations in Duluth, Georgia, and Stockholm, Sweden, and includes approximately 365 employees.
About Rockwell Collins
Rockwell Collins is a pioneer in the
development and deployment of innovative communication and aviation
electronic solutions for both commercial and government applications.
Our expertise in flight deck avionics, cabin electronics, mission
communications, simulation and training, and information management is
delivered by a global workforce, and a service and support network that
crosses more than 150 countries. To find out more, please visit http://www.rockwellcollins.com.
Contacts:
Pam Tvrdy, 319-295-0591
pam.tvrdy@rockwellcollins.com
or
Rockwell
Collins Investor Contact:
Ryan Miller, 319-295-7575
investorrelations@rockwellcollins.com
or
DataPath,
Inc. Contact:
David Ingram, 678-909-4664
david.ingram@datapath.com