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Aero-News: Quote of the Day (04.17.17)

“Today marks a major step in advancing our vision of being the most trusted source of aviation and high-integrity solutions in the world... The industry-leading products and solutions being brought together by this acquisition give us a much broader offering, increasing value for our customers and ultimately driving long-term, profitable growth and shareowner value.” Source: Kelly Ortberg, chairman, president and chief executive officer of Rockwell Collins -- which just completed the acquisition of B/E Aerospace, a manufacturer of aircraft cabin interior products and services, for $8.6 billion in total consideration, including debt assumed. Rockwell Collins now has nearly 30,000 employees and pro forma annual revenue in excess of $8 billion based on calendar year 2016 results.

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