CEDAR RAPIDS, Iowa -- Leaders of Rockwell Collins in Cedar Rapids, Iowa, are preparing to acquire K Systems Inc., the parent company of Kaiser Aerospace and Electronics Corp. of Foster City, Calif., which is the parent company of Kaiser Aerospace and Electronics Corp.
Rockwell Collins leaders entered into a definitive agreement to acquire K-Systems in October. Kaiser Aerospace supplies displays for tactical aircraft, optical technologies for instrumentation and communications, and specialized aircraft products for the defense and aerospace industries.
Rockwell Collins officials say their acquisition of Kaiser will complement their own capabilities in providing cockpit displays for military and commercial transport and tanker aircraft. The transaction is expected to close by the end of the year.