Arinc buy to beef up Rockwell's commercial business

(Reuters) – Rockwell Collins , which is looking to opportunities in the commercial market as its defense business comes under pressure, is buying Arinc, an aerospace communications company, for $1.39 billion. Rockwell, a supplier of avionics and other electronic systems for airplanes, said the purchase from Carlyle Group LP would enable it to expand sales as newer airplanes are equipped with …

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