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Bombardier Repays $237 Million Loan to Rockwell Collins
Dépèche transmise le 22 juin 2011 par Business Wire
Bombardier Repays $237 Million Loan to Rockwell Collins
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--Bombardier has fully reimbursed Rockwell Collins for a $237 million interest-free cash payment made earlier this year. The loan was made to help bridge the short period until certification of the Global Vision flight deck featuring Pro Line Fusion®.
Rockwell Collins has worked with Bombardier to keep the overall program on schedule. Pro Line Fusion has received the necessary Federal Aviation Administration approvals to keep the program moving forward.
Pro Line Fusion is Rockwell Collins' latest generation integrated, information-enabled, avionics suite for business jet and commercial transport aircraft.
About Rockwell Collins
Rockwell Collins (NYSE: COL) is a
pioneer in the development and deployment of innovative communication
and aviation electronic solutions for both commercial and government
applications. Our expertise in flight deck avionics, cabin electronics,
mission communications, information management, and simulation and
training is delivered by 20,000 employees, and a global service and
support network that crosses 27 countries. To find out more, please
visit www.rockwellcollins.com.
RC-NR-33
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