Tuesday 8 April 2014

Rockwell Collins Exploring Mubadala Aerospace Partnership - Bloomberg

Rockwell Collins Exploring Mubadala Aerospace Partnership - Bloomberg:



"Rockwell Collins Inc. is in preliminary talks about a partnership with Abu Dhabi’s Mubadala Aerospace as the U.S. aircraft-electronics supplier seeks to boost revenue from foreign markets.



Rockwell Collins will partner with Mubadala Aerospace, a unit of Mubadala Development Co., on after-market support, including logistics and repairs on the equipment it sells in the region, Chief Executive Officer Kelly Ortberg said in an interview in Abu Dhabi yesterday.



“We’d bring some know-how and they’d bring the market capacity and facility and people. We’d find some shared arrangement to do that,” Ortberg said."



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