Rockwell Collins completes acquisition of Evans & Sutherland simulation business

CEDAR RAPIDS, Iowa, 30 May 2006. Rockwell Collins Inc. has completed its acquisition of the simulation assets of Evans & Sutherland, a provider of visual simulation solutions for military and commercial customers. Under the terms of the agreement, Rockwell Collins acquired Evans & Sutherland's military and commercial simulation assets and certain liabilities, including simulation facilities in Salt Lake City, Orlando, and the United Kingdom, in a $71.5 million cash transaction.

May 30th, 2006

CEDAR RAPIDS, Iowa, 30 May 2006. Rockwell Collins Inc. has completed its acquisition of the simulation assets of Evans & Sutherland, a provider of visual simulation solutions for military and commercial customers. Under the terms of the agreement, Rockwell Collins acquired Evans & Sutherland's military and commercial simulation assets and certain liabilities, including simulation facilities in Salt Lake City, Orlando, and the United Kingdom, in a $71.5 million cash transaction.

As part of this transaction, Rockwell Collins has exclusive rights to the Evans & Sutherland laser projector for simulation. Approximately 200 former Evans & Sutherland employees have joined Rockwell Collins.

As a result of this acquisition, Rockwell Collins now offers complete simulation and training solutions for military and commercial applications, including the hardware and software to create realistic visual images for simulation, training, engineering, and other applications. Evans & Sutherland has retained ownership of its planetarium and laser projector businesses.

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