Loudoun Board Gives Rockwell Collins $125K to Grow

Loudoun County supervisors have awarded defense and aviation contractor Rockwell Collins a $125,000 cash incentive to expand its customer training and simulation center on Davis Drive in Sterling.

In 2017, following an agreement by United Technologies to purchase the company, Rockwell Collins consolidated its Sterling and Warrenton operations, ultimately deciding to move both into Sterling. The company will expand its 230,000-square-foot facility by 30,000 square feet.

Loudoun’s Department of Economic Development estimates the company will spend about $3 million in construction, more than $500,000 on new equipment, and hire 94 well-paid new employees in Loudoun in addition to the 230 employees already working in Sterling.

Rockwell Collins is a multinational corporation headquartered in Iowa that develops avionics and information technology systems. United Technologies, which develops a broad spectrum of technologies, has announced plans to purchase the company for $30 billion, combing Rockwell Collins with its UTC Aerospace Systems to create a new unit called Collins Aerospace Systems.

The resulting corporation will be even more of an aerospace giant. Rockwell Collins is estimated to make more than $8 billion in sales. United Technologies expects to have global annual sales of around $67 billion to $68 billion after the transaction, and Collins Aerospace is expected to have about 70,000 employees.

rgreene@loudounnow.com

2 thoughts on “Loudoun Board Gives Rockwell Collins $125K to Grow

  • 2018-07-27 at 5:20 pm
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    We have so much tax money, we can just cut checks to multi-national corporations with tens of billions in sales? Who voted for this? Come on ” LN… Tell us who voted for this.

  • 2018-07-30 at 7:34 pm
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    Not that this slush fund was ever a good idea, but this payment is just a stupid waste of taxpayer money. It did nothing to influence Rockwell Collins’ decision and anyone who says it did needs to be fired for incompetence.

    Yes, we should get the details around who authorized this payment. SOMEBODY has to sign off on it.

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