Rockwell Collins buys NLX
Rockwell Collins Inc. has completed its acquisition of NLX LLC, a Sterling, Va.-based company that builds flight simulators and training systems, for $125 million in cash. It is the Cedar Rapids, Iowa-based company's ninth acquisition in six years.
Rockwell Collins provides aviation electronics and communications systems to aircraft manufacturers, airlines and military customers. It plans to integrate NLX's simulation and training systems into its Aviation Services unit. The move adds breadth to Rockwell Collins' services business, which company officials cite as a growth area.
NLX provides training systems and services for military and commercial aircraft. NLX is ranked No. 31 on Washington Technology's
2003 Fast 50 list, which measures the fastest growing small-business government contractors. NLX had a compound annual growth rate of 62.5 percent.
With 2002 revenue of $2.5 billion, Rockwell Collins is ranked No. 38 on Washington Technology's
2003 Top 100 list, which measures federal prime contracting revenue. From 1998 to 2002,