Kaiser Aerospace
Rockwell Collins was a multinational corporation A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ... headquartered in Cedar Rapids, Iowa, Cedar Rapids, Iowa, providing avionics and information technology systems and services to Government agency, government agencies and aircraft manufacturers. It was formed when the Collins Radio Company, facing financial difficulties, was purchased by Rockwell International in 1973. In 2001, the avionics division of Rockwell International was spun off to form the current Rockwell Collins, Inc, retaining its name. The company was acquired by United Technologies Corporation on November 27, 2018, and now operates as part of Collins Aerospace, a subsidiary of Raytheon Technologies. History Arthur A. Collins founded Collins Radio Company in 1933 in C ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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