Sat, Mar 18, 2017 Rockwell Collins shareowners strongly approved the issuance of Rockwell Collins common stock needed to complete its acquisition of B/E Aerospace. “Our shareowners demonstrated clear and overwhelming support with more than 90 percent of the votes cast at our special meeting voting in support of our acquisition of B/E Aerospace,” said Kelly Ortberg, Rockwell Collins’ chairman, president and CEO. “We see tremendous prospects for our combined company, and look forward to bringing new capabilities to our customers and new strategies to accelerate growth with this transformative transaction.” The acquisition is expected to close later this spring upon completion of all requisite regulatory approvals and other customary closing conditions. B/E Aerospace is a manufacturer of aircraft cabin interior products. B/E Aerospace designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E Aerospace manufactured products include aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. A full description of the proposed merger is included in the proxy statement for the special meeting, which is available through the Securities and Exchange Commission website. (Source: Rockwell Collins news release) "We want to do whatever we can to help keep the GA fleet flying during this difficult period. At my direction, Savvy has decided to make its breakdown assistance program available >[...] Netherlands Is One Of Eight NATO Nations To Operate The Heavy-Lift Helicopter Boeing recently delivered the first CH-47F Chinook with an upgraded cockpit to the Royal Netherlands A>[...] Will Provide Two AT-802F Aircraft Over The Next Three Years Saab has received an order from MSB, the Swedish Civil Contingencies Agency, regarding Sweden's aerial firefighting capa>[...] COE Program Is A Long-Term, Cost-Sharing Partnership Between Academia, Industry And Government U.S. Transportation Secretary Elaine L. Chao has announced that the FAA is awarding $>[...] Works With Both Heavy Fuel And Gasoline Powerplants UAV Navigation and Sky Power have collaborated to design cutting-edge flight control solutions. The two companies recently joine>[...]
More than 90% of Rockwell Collins shareholders have said they approve of the issuance of common stock required to complete the acquisition of B/E Aerospace in what was a demonstration of "clear and overwhelming support", according to Elaine L. Chao, Rockwell Collins’ CEO. The deal is expected to close this spring, subject to regulatory approval.