Aerospace

Business and Economy
6:57 am
Mon August 19, 2013

Iowa Business Beat: Rockwell Collins Buys Airinc, John Deere Earnings Beat Projections

Rockwell Collins is headquartered in Cedar Rapids, Iowa.
Credit Facebook / Rockwell Collins

Many Iowans work for two companies in recent business headlines. In a nearly 1.4 billion dollar deal, Cedar Rapids-based Rockwell Collins announced it was buying communication system company Airinc. Rockwell Collins CEO, Kelly Ortberg, calls it the biggest deal the company has undertaken.

And the latest quarter of John Deere earnings beat analyst projections. IPR's Clay Masters talks with Sarah McCammon, who's on assignment for Marketplace this summer, about the two news-making companies. They also discuss the state's corn crop and how it compares to the cornbelt as a whole.

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