Rockwell Collins announced today that it is to acquire NLX, providers of training and simulation systems for military and commercial customers, from Arlington Capital Partners for $125 million.
The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close prior to the end of this calendar year.
‘Our service and support business continues to grow and prosper,’ said Rockwell Collins Chairman, President and CEO Clay Jones. ‘This strategic acquisition will allow Rockwell Collins to expand into areas beyond where we have traditionally participated, providing even greater value for our customers.’
NLX, headquartered in Sterling, Virginia, provides a range of training systems, upgrades, modifications and engineering and technical services for platforms such as the United States Navy’s E-2C Hawkeye 2000 upgrade program and the recently announced Stryker light armoured vehicle for the United States Army.
‘This is a very positive opportunity for both our companies,’ said NLX President Tony Syme. ‘As part of Rockwell Collins, we will be better positioned to provide a more complete solution to a broader customer base.’