Rockwell Collins to Buy Carlyle’s Arinc for $1.39 Billion

Rockwell Collins Inc. agreed to acquire Carlyle Group LP’s Arinc Inc., an aviation-information management company, for $1.39 billion to help expand the aerospace-equipment maker’s business outside the cockpit.

The transaction announced today will end six years of Arinc ownership by Carlyle, which bought the company from carriers including American Airlines in 2007. The purchase will combine Arinc’s networks with Rockwell Collins’s avionics and cabin technologies, according to a statement.