Rockwell Collins ( COL ) moved Sunday to increase its exposure to the commercial aircraft cabin, agreeing to acquire B/E Aerospace ( BEAV ) in a deal valued at $8.3 billion including debt. Terms of the deal call for Cedar Rapids, Iowa-based Rockwell Collins to pay $34.10 in cash and stock worth $27.90 apiece for a total consideration of $62 per share in cash and stock for B/E. The deal values B/E's equity at about $6.4 billion, with Rockwell Collins also set to assume $1.9 billion in net debt. Wellington, Fla.-based B/E is a maker of aircraft seats and other interior items, including galleys, lighting systems and modular lavatories. The company has long been a subject of takeover speculation, having weathered an activist campaign earlier in the decade that resulted in the spinning off of its KLX Aerospace distribution business as an independent.