Rockwell Collins, known primarily for its avionics products, will enter the simulator market by acquiring NLX Holding from Arlington Capital Partners, a Washington, D.C. private-equity firm. NLX, based in Sterling, Va., builds civil and military simulators and has provided business aircraft simulators to SimuFlite and Pan Am International Flight Academy. The purchase price was $125 million cash and the transaction is expected to close by year-end.
Rockwell Collins Launches into Simulator Market
- November 2, 2007, 10:52 AM