Rockwell Collins, Inc. (Exact name of Registrant as specified in its charter)

Transcription

1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): September 4, 2017 Rockwell Collins, Inc. (Exact name of Registrant as specified in its charter) Delaware (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File No.) Identification Number) 400 Collins Road NE Cedar Rapids Iowa (Address of principal (Zip Code) executive office) Registrant s telephone number, including area code: (319) (Former name or former address if changed since last report) ChecktheappropriateboxbelowiftheForm8-Kfilingisintendedtosimultaneouslysatisfythefilingobligationoftheregistrantunderanyofthefollowing provisions: WrittencommunicationspursuanttoRule425undertheSecuritiesAct(17CFR ) SolicitingmaterialpursuanttoRule14a-12undertheExchangeAct(17CFR240.14a-12) Pre-commencementcommunicationspursuanttoRule14d-2(b)undertheExchangeAct(17CFR240.14d-2(b)) Pre-commencementcommunicationspursuanttoRule13e-4(c)undertheExchangeAct(17CFR240.13e-4(c)) IndicatebycheckmarkwhethertheregistrantisanemerginggrowthcompanyasdefinedinRule405oftheSecuritiesActof1933( ofthis chapter)orrule12b-2ofthesecuritiesexchangeactof1934( b-2ofthischapter). Emerginggrowthcompany Ifanemerginggrowthcompany,indicatebycheckmarkiftheregistranthaselectednottousetheextendedtransitionperiodforcomplyingwithanynewor revisedfinancialaccountingstandardsprovidedpursuanttosection13(a)oftheexchangeact.

2 Item Other Events. OnSeptember4,2017,RockwellCollins,Inc.( RockwellCollins )andunitedtechnologiescorporation( UnitedTechnologies )issuedajointpressrelease announcingtheentryintoamergeragreementprovidingfortheacquisitionofrockwellcollinsbyunitedtechnologiesonthetermsandconditionscontained therein.acopyofthepressreleaseisattachedasexhibit99.1tothiscurrentreportonform8-kandisincorporatedhereinbyreference. Safe Harbor Statement Thiscommunicationcontainsstatements,includingstatementsregardingtheproposedacquisitionofRockwellCollinsbyUnitedTechnologies,thatareforwardlookingstatementsasdefinedinthePrivateSecuritiesLitigationReformActof1995.Actualresultsmaydiffermateriallyfromthoseprojectedasaresultof certainrisksanduncertainties,includingbutnotlimitedto:theabilityofrockwellcollinsandunitedtechnologiestoreceivetherequiredregulatoryapprovalsfor theproposedacquisitionofrockwellcollinsbyunitedtechnologies(andtheriskthatsuchapprovalsmayresultintheimpositionofconditionsthatcould adverselyaffectthecombinedcompanyortheexpectedbenefitsofthetransaction)andapprovalofrockwellcollins shareownersandtosatisfytheother conditionstotheclosingofthetransactiononatimelybasisoratall;theoccurrenceofeventsthatmaygiverisetoarightofoneorbothofthepartiestoterminate themergeragreement;negativeeffectsoftheannouncementortheconsummationofthetransactiononthemarketpriceofunitedtechnologies and/orrockwell Collins commonstockand/orontheirrespectivebusinesses,financialconditions,resultsofoperationsandfinancialperformance;risksrelatingtothevalueofthe UnitedTechnologies sharestobeissuedinthetransaction,significanttransactioncostsand/orunknownliabilities;thepossibilitythattheanticipatedbenefitsfrom theproposedtransactioncannotberealizedinfulloratallormaytakelongertorealizethanexpected;risksassociatedwiththirdpartycontractscontainingconsent and/orotherprovisionsthatmaybetriggeredbytheproposedtransaction;risksassociatedwithtransaction-relatedlitigation;thepossibilitythatcostsordifficulties relatedtotheintegrationofrockwellcollins operationswiththoseofunitedtechnologieswillbegreaterthanexpected;theoutcomeoflegallyrequired consultationwithemployees,theirworkscouncilsorotheremployeerepresentatives;andtheabilityofrockwellcollinsandthecombinedcompanytoretainand hirekeypersonnel.therecanbenoassurancethattheproposedacquisitionoranyothertransactiondescribedabovewillinfactbeconsummatedinthemanner describedoratall.foradditionalinformationonidentifyingfactorsthatmaycauseactualresultstovarymateriallyfromthosestatedinforward-looking statements,seethereportsofunitedtechnologiesandrockwellcollinsonforms10-k,10-qand8-kfiledwithorfurnishedtothesecfromtimetotime.these forward-lookingstatementsaremadeonlyasofthedatehereofandthecompanyassumesnoobligationtoupdateanyforward-lookingstatement. Additional Information Inconnectionwiththeproposedtransaction,UnitedTechnologieswillfilearegistrationstatementonFormS-4,whichwillincludeadocumentthatservesasa prospectusofunitedtechnologiesandaproxystatementofrockwellcollins(the proxystatement/prospectus ),andeachpartywillfileotherdocuments regardingtheproposedtransactionwiththesec.investors AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Adefinitiveproxystatement/prospectuswillbesenttoRockwellCollins shareowners.investors andsecurityholderswillbeabletoobtaintheregistrationstatementandtheproxystatement/prospectusfreeofchargefromthesec swebsiteorfromunited TechnologiesorRockwellCollins.ThedocumentsfiledbyUnitedTechnologieswiththeSECmaybeobtainedfreeofchargeatUnitedTechnologies websiteat swebsiteatwww.sec.gov.thesedocumentsmayalsobeobtainedfreeofchargefromunitedtechnologiesbyrequestingthemby mailatutccorporatesecretary,10farm

3 SECmaybeobtainedfreeofchargeatRockwellCollins websiteatwww.rockwellcollins.comoratthesec swebsiteatwww.sec.gov.thesedocumentsmayalso beobtainedfreeofchargefromrockwellcollinsbyrequestingthembymailatinvestorrelations,400collinsroadne,cedarrapids,iowa52498,orby telephoneat Participants in the Solicitation UnitedTechnologiesandRockwellCollinsandtheirrespectivedirectorsandexecutiveofficersandothermembersofmanagementandemployeesmaybedeemed tobeparticipantsinthesolicitationofproxiesinrespectoftheproposedtransaction.informationaboutunitedtechnologies directorsandexecutiveofficersis availableinunitedtechnologies proxystatementdatedmarch10,2017,forits2017annualmeetingofshareowners.informationaboutrockwellcollins directorsandexecutiveofficersisavailableinrockwellcollins proxystatementdateddecember14,2016,forits2017annualmeetingofshareownersandin RockwellCollins Forms8-KdatedJanuary10,2017andApril13,2017.Otherinformationregardingtheparticipantsintheproxysolicitationandadescriptionof theirdirectandindirectinterests,bysecurityholdingsorotherwise,willbecontainedintheproxystatement/prospectusandotherrelevantmaterialstobefiledwith thesecregardingtheacquisitionwhentheybecomeavailable.investorsshouldreadtheproxystatement/prospectuscarefullywhenitbecomesavailablebefore makinganyvotingorinvestmentdecisions.youmayobtainfreecopiesofthesedocumentsfromunitedtechnologiesorrockwellcollinsasindicatedabove. No Offer or Solicitation Thiscommunicationshallnotconstituteanoffertosellorthesolicitationofanoffertobuyanysecurities,norshalltherebeanysaleofsecuritiesinany jurisdictioninwhichsuchoffer,solicitationorsalewouldbeunlawfulpriortoregistrationorqualificationunderthesecuritieslawsofanysuchjurisdiction.no offeringofsecuritiesshallbemadeexceptbymeansofaprospectusmeetingtherequirementsofsection10oftheu.s.securitiesactof1933,asamended. Item Financial Statements and Exhibits. (d)exhibits. Exhibit Number Exhibit Description 99.1 Jointpressrelease,datedSeptember4,2017,issuedbyUnitedTechnologiesCorporationandRockwellCollins,Inc.

4 SIGNATURES PursuanttotherequirementsoftheSecuritiesExchangeActof1934,theregistranthasdulycausedthisreporttobesignedonitsbehalfbytheundersigned, thereuntodulyauthorized. Date:September5,2017 ROCKWELLCOLLINS,INC. By: /s/robertj.perna Name: RobertJ.Perna Title: SeniorVicePresident,GeneralCounsel&Secretary

5 Exhibit Number EXHIBIT INDEX Exhibit Description 99.1 Jointpressrelease,datedSeptember4,2017,issuedbyUnitedTechnologiesCorporationandRockwellCollins,Inc.

6 Exhibit 99.1 United Technologies To Acquire Rockwell Collins For $30 Billion Combination Creates Premier Aerospace Systems Supplier Combinedbusinesswillbewell-positionedtomeetrapidlyevolvingglobalcustomerdemands Highlycomplementarytoexistingcapabilities Enhancesinnovativesystemscapabilitiesandintegrateddigitalproductofferings,includingavionics,flightcontrolsanddataservices Expectedtogeneratecostsynergiesinexcessof$500million AnticipateacquisitiontobeaccretivetoUTCadjustedearningspershareafterfirstfullyearfollowingclosing FARMINGTON,Conn.,andCEDARRAPIDS,Iowa September4,2017 UnitedTechnologiesCorp.(NYSE:UTX)( UTC )androckwellcollins,inc. (NYSE:COL)( RockwellCollins )todayannouncedthattheyhavereachedadefinitiveagreementunderwhichunitedtechnologieswillacquirerockwell Collinsfor$140.00pershare,incashandUTCstock. RockwellCollinsisaleaderinaviationandhigh-integritysolutionsforcommercialandmilitarycustomersandisgloballyrecognizedforitsleading-edgeavionics, flightcontrols,aircraftinterioranddataconnectivitysolutions.ona2017proformabasis,itsestimatedsalesaregreaterthan$8billion. Thisacquisitionaddstremendouscapabilitiestoouraerospacebusinessesandstrengthensourcomplementaryofferingsoftechnologicallyadvancedaerospace systems, saidutcchairmanandchiefexecutiveofficergreghayes. Together,RockwellCollinsandUTCAerospaceSystemswillenhancecustomervaluein arapidlyevolvingaerospaceindustrybymakingaircraftmoreintelligentandmoreconnected. Theintegratedcompanies expertiseindevelopingelectrical,mechanicalandsoftwaresolutionswillallowustodelivermoreinnovativeproductsandservices andprovidegreatervaluetoourcustomersandshareowners, Hayescontinued. Thiscombinationwillalsocreatenewopportunitiesforthetalentedemployeesof bothcompaniestoadvanceinnovationinagrowinganddynamicindustry.importantly,utcandrockwellcollinsshareculturesofmutualtrustandrespect, accountabilityandteamworkthatwillallowustoworktogethertoachieveourcommongoals. WeareextremelypleasedtoannouncethiscompellingtransactionwithUTCwhichisatestamenttothevaluewehavecreatedforRockwellCollins employees, customersandshareowners, saidkellyortberg,chairman,presidentandchiefexecutiveofficerofrockwellcollins. Thecombinationwillenableusto competemoreeffectivelyforfuturebusinessthroughcontinuedinvestmentsininnovation,world-classintegratedproductofferingsandtheabilitytoretainthetop talentintheindustry.welookforwardtothenextchapterinrockwellcollins longandproudhistory,aspartofutc.

7 Underthetermsoftheagreement,eachRockwellCollinsshareownerwillreceive$93.33pershareincashand$46.67insharesofUTCcommonstock,subjecttoa 7.5percentcollarcenteredonUTC saugust22,2017closingsharepriceof$ utcexpectstofundthecashportionofthetransactionconsideration throughdebtissuancesandcashonhand,andthecompanyiscommittedtotakingactionstomaintainstronginvestmentgradecreditratings.thetransactionis projectedtoclosebythethirdquarterof2018,subjecttoapprovalbyrockwellcollins shareowners,aswellasothercustomaryclosingconditions,includingthe receiptofrequiredregulatoryapprovals. Thepurchasepriceimpliesatotalequityvalueof$23billionandatotaltransactionvalueof$30billion,includingRockwellCollins netdebt. Onapro-forma2017basis,UTCisexpectedtohaveglobalsalesofapproximately$67to$68billionfollowingthetransaction,basedonestimatedresults. UTCexpectsthecombinationwillbeaccretivetoadjustedearningspershareafterthefirstfullyearfollowingclosingandgenerateanestimated$500+millionof run-ratepre-taxcostsynergiesbyyearfour. Uponcompletionofthetransaction,RockwellCollinsandUTCAerospaceSystemswillbeintegratedtocreateanewbusinessunitnamedCollinsAerospace Systems.KellyOrtbergwillassumetheroleofChiefExecutiveOfficerwithDaveGitlinservingasPresidentandChiefOperatingOfficer. WehavedemonstratedwecansuccessfullyintegratelargeacquisitionsintoourbusinessandIhavefullconfidencethattheteamhasthecapabilitytodoitagain, Hayessaid. OncewehavecompletedtheintegrationofRockwellCollinsandmadeprogresstowardsreducingleveragebacktohistoricallevels,wewillhavean opportunitytoexploreafullrangeofstrategicoptionsforutc. UTCtodayalsoreaffirmeditsexpectationsfor2017salesofapproximately$58.5to$59.5billionandadjustedearningsintherangeof$6.45to$6.60pershare.* * Note:WhenUTCprovidesanexpectationforadjustedEPSonaforward-lookingbasis,areconciliationofthedifferencebetweenthenon-GAAPexpectation andthecorrespondinggaapmeasuregenerallyisnotavailablewithoutunreasonableeffort.see UseandDefinitionsofNon-GAAPFinancialMeasures belowforadditionalinformation. Advisors MorganStanley&Co.LLCisactingasfinancialadvisortoUnitedTechnologies.Wachtell,Lipton,Rosen&KatzisservingaslegaladvisortoUnited Technologies.J.P.MorganSecuritiesLLCandCitigroupGlobalMarketsInc.areactingasfinancialadvisorsandSkadden,Arps,Slate,Meagher&Flomisserving aslegaladvisortorockwellcollins.

8 Conference call UnitedTechnologieswillholdaconferencecalltodiscussthisannouncementbeginningat8:00a.m.ETTuesday,September5.Participantsshouldcall(877) atleast15minutespriortothescheduledstart.Thepresentationwillbewebcastatwww.utc.com,andarecordingwillbearchivedonthewebsite.A slideshowaccompanyingthepresentationwillbepostedtowww.utc.compriortothecall.arecordingwillbearchivedlateronthesiteandwillbeavailablefor replaybyphonefrom12p.m.ettuesday,september5,tomidnightmonday,september11.forareplay,dial(404) atthepromptforaconferenceid number,enter About United Technologies UnitedTechnologiesCorp.,basedinFarmington,Connecticut,provideshightechnologyproductsandservicestothebuildingandaerospaceindustries.By combiningapassionforsciencewithprecisionengineering,thecompanyiscreatingsmart,sustainablesolutionstheworldneeds. About Rockwell Collins RockwellCollinsisaleaderinaviationandhigh-integritysolutionsforcommercialandmilitarycustomersaroundtheworld.Everydaywehelppilotssafelyand reliablynavigatetothefarcornersoftheearth;keepwarfightersawareandinformedinbattle;delivermillionsofmessagesforairlinesandairports;andhelp passengersstayconnectedandcomfortablethroughouttheirjourney.asexpertsinflightdeckavionics,cabinelectronics,cabininteriors,informationmanagement, missioncommunications,andsimulationandtraining,weofferacomprehensiveportfolioofproductsandservicesthatcantransformourcustomers futures. Cautionary Statement Thiscommunicationcontainsstatementswhich,totheextenttheyarenotstatementsofhistoricalorpresentfact,constitute forward-lookingstatements underthe securitieslaws.fromtimetotime,oralorwrittenforward-lookingstatementsmayalsobeincludedinotherinformationreleasedtothepublic.theseforwardlookingstatementsareintendedtoprovidemanagement scurrentexpectationsorplansforourfutureoperatingandfinancialperformance,basedonassumptions currentlybelievedtobevalid.forward-lookingstatementscanbeidentifiedbytheuseofwordssuchas believe, expect, expectations, plans, strategy, prospects, estimate, project, target, anticipate, will, should, see, guidance, confident andotherwordsofsimilarmeaninginconnectionwitha discussionoffutureoperatingorfinancialperformance.forward-lookingstatementsmayinclude,amongotherthings,statementsrelatingtofuturesales,earnings, cashflow,resultsofoperations,usesofcash,sharerepurchasesandothermeasuresoffinancialperformanceorpotentialfutureplans,strategiesortransactionsof UnitedTechnologiesorthecombinedcompanyfollowingUnitedTechnologies proposedacquisitionofrockwellcollins,theanticipatedbenefitsoftheproposed acquisition,includingestimatedsynergies,theexpectedtimingofcompletionofthetransactionandotherstatementsthatarenothistoricalfacts.allforwardlookingstatementsinvolverisks,uncertaintiesandotherfactorsthatmaycauseactualresultstodiffermateriallyfromthoseexpressedorimpliedintheforwardlookingstatements.for

9 thosestatements,weclaimtheprotectionofthesafeharborforforward-lookingstatementscontainedintheu.s.privatesecuritieslitigationreformactof1995. Suchrisks,uncertaintiesandotherfactorsinclude,withoutlimitation:(1)theeffectofeconomicconditionsintheindustriesandmarketsinwhichUnited TechnologiesandRockwellCollinsoperateintheU.S.andgloballyandanychangestherein,includingfinancialmarketconditions,fluctuationsincommodity prices,interestratesandforeigncurrencyexchangerates,levelsofendmarketdemandinconstructionandinboththecommercialanddefensesegmentsofthe aerospaceindustry,levelsofairtravel,financialconditionofcommercialairlines,theimpactofweatherconditionsandnaturaldisastersandthefinancialcondition ofourcustomersandsuppliers;(2)challengesinthedevelopment,production,delivery,support,performanceandrealizationoftheanticipatedbenefitsof advancedtechnologiesandnewproductsandservices;(3)futurelevelsofindebtednessandcapitalspendingandresearchanddevelopmentspending;(4)future availabilityofcreditandfactorsthatmayaffectsuchavailability,includingcreditmarketconditionsandourcapitalstructure;(5)thetimingandscopeoffuture repurchasesofunitedtechnologies commonstock,whichmaybesuspendedatanytimeduetomarketconditionsandthelevelofotherinvestingactivitiesand usesofcash,includinginconnectionwiththeproposedacquisition;(6)delaysanddisruptionindeliveryofmaterialsandservicesfromsuppliers;(7)companyand customer-directedcostreductioneffortsandrestructuringcostsandsavingsandotherconsequencesthereof;(8)thescope,nature,impactortimingofacquisition anddivestitureactivity,includingamongotherthingsintegrationofacquiredbusinesses,includingrockwellcollins,intounitedtechnologies existingbusinesses andrealizationofsynergiesandopportunitiesforgrowthandinnovation;(9)newbusinessorinvestmentopportunities;(10)ourabilitytorealizetheintended benefitsoforganizationalchanges;(11)theanticipatedbenefitsofdiversificationandbalanceofoperationsacrossproductlines,regionsandindustries;(12)the outcomeoflegalproceedings,investigationsandothercontingencies;(13)pensionplanassumptionsandfuturecontributions;(14)theimpactofthenegotiationof collectivebargainingagreementsandlabordisputes;(15)theeffectofchangesinpoliticalconditionsintheu.s.andothercountriesinwhichunitedtechnologies androckwellcollinsoperate,includingtheeffectofchangesinu.s.tradepoliciesortheu.k. spendingwithdrawalfromtheeu,ongeneralmarketconditions, globaltradepoliciesandcurrencyexchangeratesintheneartermandbeyond;(16)theeffectofchangesintax,environmental,regulatory(includingamongother thingsimport/export)andotherlawsandregulationsintheu.s.andothercountriesinwhichunitedtechnologiesandrockwellcollinsoperate;(17)theabilityof thepartiestoreceivetherequiredregulatoryapprovals(andtheriskthatsuchapprovalsmayresultintheimpositionofconditionsthatcouldadverselyaffectthe combinedcompanyortheexpectedbenefitsofthetransaction)andapprovalofrockwellcollins shareownersandtosatisfytheotherconditionstotheclosingof thetransactiononatimelybasisoratall;(18)theoccurrenceofeventsthatmaygiverisetoarightofoneorbothofthepartiestoterminatethemergeragreement; (19)negativeeffectsoftheannouncementortheconsummationofthetransactiononthemarketpriceofUnitedTechnologies and/orrockwellcollins common stockand/orontheirrespectivefinancialperformance;(20)risksrelatingtothevalueoftheunitedtechnologies sharestobeissuedinthetransaction,significant transactioncostsand/orunknownliabilities;

10 (21)thepossibilitythattheanticipatedbenefitsfromtheproposedtransactioncannotberealizedinfulloratallormaytakelongertorealizethanexpected, includingrisksassociatedwithcontractscontainingprovisionsthatmaybetriggeredbytheproposedtransaction;(22)thepossibilitythatcostsordifficulties relatedtotheintegrationofrockwellcollins operationswiththoseofunitedtechnologieswillbegreaterthanexpected;and(23)theabilityofthecombined companytoretainandhirekeypersonnel.therecanbenoassurancethattheproposedacquisitionoranyothertransactiondescribedabovewillinfactbe consummatedinthemannerdescribedoratall.foradditionalinformationonidentifyingfactorsthatmaycauseactualresultstovarymateriallyfromthosestated inforward-lookingstatements,seethereportsofunitedtechnologiesandrockwellcollinsonforms10-k,10-qand8-kfiledwithorfurnishedtothesecfrom timetotime.anyforward-lookingstatementspeaksonlyasofthedateonwhichitismade,andunitedtechnologiesandrockwellcollinsassumenoobligation toupdateorrevisesuchstatement,whetherasaresultofnewinformation,futureeventsorotherwise,exceptasrequiredbyapplicablelaw. Use and Definitions of Non-GAAP Financial Measures UnitedTechnologiesCorporationreportsitsfinancialresultsinaccordancewithaccountingprinciplesgenerallyacceptedintheUnitedStates( GAAP ). WesupplementthereportingofourfinancialinformationdeterminedunderGAAPwithcertainnon-GAAPfinancialinformation.Thenon-GAAPinformation presentedprovidesinvestorswithadditionalusefulinformation,butshouldnotbeconsideredinisolationorassubstitutesfortherelatedgaapmeasures. Moreover,othercompaniesmaydefinenon-GAAPmeasuresdifferently,whichlimitstheusefulnessofthesemeasuresforcomparisonswithsuchothercompanies. Weencourageinvestorstoreviewourfinancialstatementsandpublicly-filedreportsintheirentiretyandnottorelyonanysinglefinancialmeasure. Whenweprovideourexpectationforadjustedearningspershare( EPS )onaforward-lookingbasis,areconciliationofthedifferencebetweenthisnon-gaap expectationandthecorrespondinggaapmeasure(expecteddilutedepsfromcontinuingoperations)generallyisnotavailablewithoutunreasonableeffortdueto potentiallyhighvariability,complexityandlowvisibilityastotheitemsthatwouldbeexcludedfromthegaapmeasureintherelevantfutureperiod,suchas unusualgainsandlosses,theultimateoutcomeofpendinglitigation,fluctuationsinforeigncurrencyexchangerates,theimpactandtimingofpotentialacquisitions anddivestitures,andotherstructuralchangesortheirprobablesignificance.thevariabilityoftheexcludeditemsmayhaveasignificant,andpotentially unpredictable,impactonourfuturegaapresults. Additional Information Inconnectionwiththeproposedtransaction,UnitedTechnologieswillfilearegistrationstatementonFormS-4,whichwillincludeadocumentthatservesasa prospectusofunitedtechnologiesandaproxystatementofrockwellcollins(the proxystatement/prospectus ),andeachpartywillfileotherdocuments regardingtheproposedtransactionwiththesec.investorsandsecurityholdersareurgedto

11 READTHEPROXYSTATEMENT/PROSPECTUSANDOTHERRELEVANTDOCUMENTSFILEDWITHTHESECWHENTHEYBECOME AVAILABLE,BECAUSETHEYWILLCONTAINIMPORTANTINFORMATION.Adefinitiveproxystatement/prospectuswillbesenttoRockwellCollins shareowners.investorsandsecurityholderswillbeabletoobtaintheregistrationstatementandtheproxystatement/prospectusfreeofchargefromthesec s websiteorfromunitedtechnologiesorrockwellcollins.thedocumentsfiledbyunitedtechnologieswiththesecmaybeobtainedfreeofchargeatunited Technologies websiteatwww.utc.comoratthesec swebsiteatwww.sec.gov.thesedocumentsmayalsobeobtainedfreeofchargefromunitedtechnologies byrequestingthembymailatutccorporatesecretary,10farmspringsroad,farmington,ct,06032,bytelephoneat orby at corpsec@corphq.utc.com.thedocumentsfiledbyrockwellcollinswiththesecmaybeobtainedfreeofchargeatrockwellcollins websiteat swebsiteatwww.sec.gov.thesedocumentsmayalsobeobtainedfreeofchargefromrockwellcollinsbyrequesting thembymailatinvestorrelations,400collinsroadne,cedarrapids,iowa52498,orbytelephoneat Participants in the Solicitation UnitedTechnologiesandRockwellCollinsandtheirrespectivedirectorsandexecutiveofficersandothermembersofmanagementandemployeesmaybedeemed tobeparticipantsinthesolicitationofproxiesinrespectoftheproposedtransaction.informationaboutunitedtechnologies directorsandexecutiveofficersis availableinunitedtechnologies proxystatementdatedmarch10,2017,forits2017annualmeetingofshareowners.informationaboutrockwellcollins directorsandexecutiveofficersisavailableinrockwellcollins proxystatementdateddecember14,2016,forits2017annualmeetingofshareownersandin RockwellCollins Forms8-KdatedJanuary10,2017andApril13,2017.Otherinformationregardingtheparticipantsintheproxysolicitationandadescriptionof theirdirectandindirectinterests,bysecurityholdingsorotherwise,willbecontainedintheproxystatement/prospectusandotherrelevantmaterialstobefiledwith thesecregardingtheacquisitionwhentheybecomeavailable.investorsshouldreadtheproxystatement/prospectuscarefullywhenitbecomesavailablebefore makinganyvotingorinvestmentdecisions.youmayobtainfreecopiesofthesedocumentsfromunitedtechnologiesorrockwellcollinsasindicatedabove. No Offer or Solicitation Thiscommunicationshallnotconstituteanoffertosellorthesolicitationofanoffertobuyanysecurities,norshalltherebeanysaleofsecuritiesinany jurisdictioninwhichsuchoffer,solicitationorsalewouldbeunlawfulpriortoregistrationorqualificationunderthesecuritieslawsofanysuchjurisdiction.no offeringofsecuritiesshallbemadeexceptbymeansofaprospectusmeetingtherequirementsofsection10oftheu.s.securitiesactof1933,asamended.

12 Contacts MediaInquiries,UTC (860) InvestorRelations,UTC (860) #UTC-IR ###