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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."

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Source : Rockwell Collins

Published on ASDNews: Nov 25, 2008

 

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