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Mon, Apr 17, 2017

Aero-News: Quote of the Day (04.17.17)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

“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.

FMI: www.rockwellcollins.com

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