Rockwell Collins to Buy Athena Technologies

Rockwell Collins will pay an undisclosed sum to acquire Athena Technologies, Inc., a privately held company that develops and provides flight control and navigation solutions primarily to the Unmanned Aerial Vehicle (UAV) market. The transaction is expected to be completed in about 30 days and is subject to regulatory approvals, said Rockwell Collins, based in Cedar Rapids, Iowa. “Athena Technologies’ proven track record in creating leading navigation and control solutions for UAVs, combined with our existing capabilities, provides Rockwell Collins with exciting, new growth opportunities,” said Rockwell Collins Chairman, President and CEO Clay Jones. Athena Technologes, based in Warrenton, Va., produces the GuideStar line of integrated flight-control and navigation sensors, ranging in weight from 4 ounces to 6 pounds, for military UAVs, target drones, missiles and technology demonstrators.