A United Technologies UTEC plant in Huntington, Ind., in March.

a J Mast for The New York Times

United Technologies has agreed to buy the airplane parts maker Rockwell Collins for $30 billion, including debt, establishing an industrial giant and cementing one of the largest deals ever in the aerospace industry.

Under the terms of the deal, United Technologies — a deeply diverse business that includes the Otis escalator and elevator brands and Pratt & Whitney, which makes high-performance aircraft engines — will pay $140 a share in cash and stock, both companies said late Monday. Rockwell investors will receive $93.33 a share in cash and the remaining $46.67 in United Technologies stock.

The price is an 18 percent premium above where Rockwell’s stock was traded on Aug. 3, a day before news reports said United Technologies was considering a bid for Rockwell.

Buying Rockwell — which produces electronics and avionics for aircraft, including the F-35 fighter jet — would complement United Technologies’ offerings without any overlap. It also would give the firm more negotiating leverage over the airplane makers Boeing and Airbus.

A deal for Rockwell, which is based in Cedar Rapids, Iowa, would also help United gird itself against rivals such as Honeywell International.

“This acquisition adds tremendous capabilities to our aerospace businesses and strengthens our complementary offerings of technologically advanced aerospace systems,” United Technologies’ chairman, Gregory J. Hayes, said in a statement.

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