Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Ryan J. Foley / AP
United Technologies is getting close to a deal to purchase Rockwell Collins, a corporate acquisition that looks set to combine two of the world's largest manufacturers of airplane equipment, per the WSJ.
By the numbers: United Technologies — worth about $92 billion — looks set to purchase Rockwell for about $140 per-share, which would make the deal worth more than $20 billion.
Why it matters: It'd be the biggest aerospace/defense acquisition deal in history, according to a Reuters analysis. It shouldn't spark any antitrust concerns — United Technologies makes jets, wheels, and landing gear while Rockwell focuses on displays and communications tech — but it might spook Boeing and Airbus somewhat to see their suppliers merging, especially as they both plan to expand further into the aftermarket space for parts.