  We present simultaneous X-ray, far-ultraviolet, and near-ultraviolet spectra
of the Seyfert 1 galaxy NGC 7469 obtained with the Chandra X-Ray Observatory,
the Far Ultraviolet Spectroscopic Explorer, and the Space Telescope Imaging
Spectrograph on the Hubble Space Telescope. Previous non-simultaneous
observations of this galaxy found two distinct UV absorption components, at
-560 and -1900 km/s, with the former as the likely counterpart of the X-ray
absorber. We confirm these two absorption components in our new UV
observations, in which we detect prominent O VI, Ly alpha, N V, and C IV
absorption. In our Chandra spectrum we detect O VIII emission, but no
significant O VIII or O VII absorption. We also detect a prominent Fe K alpha
emission line in the Chandra spectrum, as well as absorption due to
hydrogen-like and helium-like neon, magnesium, and silicon at velocities
consistent with the -560 km/s UV absorber. The FUSE and STIS data reveal that
the H I and C IV column densities in this UV- and X-ray- absorbing component
have increased over time, as the UV continuum flux decreased. We use measured H
I, N V, C IV, and O VI column densities to model the photoionization state of
both absorbers self-consistently. We confirm the general physical picture of
the outflow in which the low velocity component is a highly ionized, high
density absorber with a total column density of 10^20 cm^-2, located near the
broad emission line region, although due to measurable columns of N V and C IV,
we assign it a somewhat smaller ionization parameter than found previously,
U~1. The high velocity UV component is of lower density, log N=18.6, and likely
resides farther from the central engine as we find its ionization parameter to
be U=0.08.
