Rockwell Collins, Inc. (NYSE: COL) today (10.03) announced it has completed the sale of ARINC Aerospace Systems Engineering and Support (ASES LLC) to Field Aviation Inc., a privately held U.S. company.
ASES LLC provides aircraft modification, integration and maintenance services, as well as logistical and sustainment capabilities, for the Department of Defense (DoD), government, commercial, business and private customers.
The sale of ASES, part of the integration plan announced by Rockwell Collins when it purchased ARINC in December 2013, includes operations in Oklahoma City and approximately 230 employees.
Following completion of the acquisition, ASES LLC will operate as Field Aerospace.
Source / Author: Rockwell Collins