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This Expensive Aerospace Deal Is Leaking Fuel

Brooke Sutherland
This Expensive Aerospace Deal Is Leaking Fuel

United Technologies Corp. aims to close its purchase of avionics maker Rockwell Collins Inc. this month, pending approval from Chinese antitrust regulators. The $30 billion deal will bundle Rockwell’s information-management and navigation systems with UTC’s jet engines and landing gear. The idea is that the combined company will be better able to weather the cost cuts Boeing Co. and Airbus SE demand from their suppliers and win a bigger share of the work on next-generation jets.