Rockwell Collins completes acquisition of Athena Technologies
CEDAR RAPIDS, Iowa (April 07, 2008) - Rockwell Collins, Inc. (NYSE: COL) has completed its acquisition of Athena Technologies, Inc., a company that develops and
provides flight control and navigation solutions primarily to the Unmanned Aerial Vehicle (UAV) market segment.
Athena Technologies will now operate under the Rockwell Collins name, with its financial results reported as part of the Government
Systems business unit.
"We are extremely pleased to welcome Athena Technologies to the Rockwell Collins team," said Ron Hornish, vice president and
general manager, Precision Strike Solutions for Rockwell Collins. "The new navigation and control solution capabilities, as
well as the talent and skills of Athena employees, will bring exciting new opportunities to Rockwell Collins. We look forward
to offering more fully integrated and comprehensive solutions to both unmanned and manned market segments as a result of this
acquisition."
The acquisition is projected to be neutral to Rockwell Collins' fiscal year 2008 earnings.
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 Athena
Technologies into Rockwell Collins.
Media Contact:
Pam Tvrdy
319.295.0591
pjtvrdy@rockwellcollins.com
Investor Contact:
Dan Crookshank
319.295.7575
investorrelations@rockwellcollins.com
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