Regulators ask Collins Aerospace to divest military GPS business in Cedar Rapids
BPC Staff Oct 29, 2019 | 3:38 pm
<1 min read time
67 wordsAll Latest News, Innovation and Entrepreneurship, Manufacturing, Statewide NewsCedar Rapids Gazette: Antitrust regulators with the U.S. Department of Justice reviewing the proposed merger of United Technologies and Raytheon have requested that Collins Aerospace divest its military GPS business, which employs hundreds in Cedar Rapids. In a Monday email, Collins Aerospace employees were notified that regulatory agencies had asked the company to “explore the divestiture” of the legacy Rockwell Collins operation “to satisfy certain competitive concerns.”
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