The European Commission has approved, under the EU Merger Regulation, the $30 billion acquisition of Rockwell Collins by United Technologies Corporation (UTC) in the aerospace sector. The decision is conditional on divestment of businesses in actuators, pilot controls, ice protection and oxygen systems. UTC has committed to divest activities covering the entire overlap between the two companies and to preserve fair competition environment in the market.
211216-N-QI061-1222 NAVAL STATION MAYPORT, Fla. (December 16, 2021) An MQ-4C Triton Unmanned Aircraft System (UAS), assigned to Unmanned Patrol Squadron 19 (VUP-19), sits on the flight line at Naval Station Mayport, Florida, Dec. 16, 2021. VUP-19, the Navy’s first Triton squadron, will continue to maintain and operate the aircraft off the East Coast to further develop the concept of operations and refine tactics, techniques, and procedures. (U.S. Navy photo by Mass Communication Specialist 2nd Class Nathan T. Beard/ Released)