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Rockwell Collins completes SEOS acquisition
CEDAR RAPIDS, Iowa (November 24, 2008) - Rockwell Collins, Inc. (NYSE: COL) has completed its acquisition of SEOS, a leading global supplier of highly realistic visual
display solutions for commercial and military full flight simulators. Terms of the agreement were not disclosed.
SEOS will operate under the Rockwell Collins name and will become part of the Simulation and Training Solutions organization.
The acquisition is projected to be slightly accretive to Rockwell Collins' fiscal year 2009 earnings.
"We're proud to welcome SEOS to the Rockwell Collins team and look forward to the enhanced solutions we'll be able to provide
through this important acquisition," said Ken Schreder, vice president and general manager, Simulation and Training Solutions
for Rockwell Collins. "By adding SEOS' innovative displays to our simulation and training offering, Rockwell Collins is well-positioned
to deliver industry-leading solutions to our commercial and military customers."
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,
information management and simulation and training is delivered by 20,000 employees, and a global service and support network
that crosses 27 countries. To find out more, please visit www.rockwellcollins.com.
This press release contains statements (such as projections regarding future performance) that are forward-looking statements
as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected
as a result of certain risks and uncertainties, including but not limited to the risks inherent in the integration of SEOS
into Rockwell Collins.
Contact:
Pam Tvrdy
Rockwell Collins
Work: 319-295-0591
Cell: 319-431-0951
pjtvrdy@rockwellcollins.com
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