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Aerospace/defense market preps for largest-ever merger

As we wait for an expected merger agreement between United Technologies and rival aerospace supplies company Rockwell Collins, a quick look at the largest aerospace/defense deals of all time. With an expected equity value of around $22.8 billion, not including assumed debt, United Tech/Rockwell would easily lead the pack:

Data: Thompson Reuters Deals Intelligence; Chart: Andrew Witherspoon / Axios
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