Rockwell Collins Inc: Key Developments

Rockwell Collins, Inc. Receives $450 Million Contract For ARC-210 Radios
November 11, 2009
Rockwell Collins, Inc. announced that the U.S. Navy has awarded a four-year production contract to Rockwell Collins for ARC-210 radios. The contract has a potential value of $450 million over the four-year life of the program.
Rockwell Collins, Inc. Reaffirms FY 2010 Guidance
November 3, 2009
Rockwell Collins, Inc. reaffirmed fiscal 2010 guidance and expects revenue totaling between $4.6-$4.8 billion and EPS of $3.35-$3.55. According to Reuters Estimates, analysts were expecting the Company to report revenues of $4.7 billion and EPS of $3.50 for the same period.
Rockwell Collins, Inc. Declares Regular Quarterly Dividend
October 26, 2009
Rockwell Collins, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.24 per share on its common stock, payable December 7, 2009, to shareholders of record at the close of business on November 16, 2009.
Rockwell Collins, Inc. Virtual Avionics Procedure Trainer Selected For Iraqi Coalition Force
October 7, 2009
Rockwell Collins, Inc. announced that it recently delivered its first Virtual Avionics Procedure Trainer (VAPT) to the U.S. Air Force, who will use the device to train Iraqi Coalition Force pilots flying King Air aircraft for intelligence, surveillance, and reconnaissance (ISR) missions. A team of Air Force and Navy Combat Air Advisors is providing pilot and mission system operator training to the Iraqi Air Force on newly acquired King ISR aircraft.
Rockwell Collins, Inc. Receives $39.3 Million Army Pact To Provide Services For Several Aircraft-AP
October 5, 2009
The Associated Press reported that Rockwell Collins, Inc. received a $39.3 million contract from the Army to provide avionics architecture system hardware in support of several aircraft. Among those aircraft included are the CH-47F, CH-53E, UH-60M and HH-60M. Work is to performed in Cedar Rapids, Iowa with an estimated completion date of June 20, 2014.
Rockwell Collins, Inc. Unit And BAE Systems Inc. Gets $6.4 Million Pentagon Contract For Parts Information Distribution System-AP
September 30, 2009
The Associated Press reported that a unit of Rockwell Collins, Inc. and BAE Systems Inc. received a $6.4 million contract from the Defense Logistics Agency for parts of a joint tactical information distribution system for the Air Force.
Rockwell Collins, Inc.'s and BAE Systems plc's Joint Venture Data Link Solutions MIDS-LVT Terminal To Provide Coalition Forces Real-Time Situational Awareness
September 24, 2009
Data Link Solutions (DLS), a joint venture of Rockwell Collins, Inc. and BAE Systems plc, announced that it will provide real-time situational awareness to Pakistan, Saudi Arabia and coalition forces under two recent awards for Multifunctional Information Distribution System Low-Volume Terminals (MIDS-LVT). The supplemental awards from the U.S. Navy's Space and Naval Warfare Systems Command are in addition to the first DLS Lot 10 contract announced in June 2009 and have a combined value of $15.4 million. The total value of the DLS Lot 10 contract is now $44.1 million. The awards include terminals for other U.S. platforms such as Battlefield Airborne Communications Node (BACN), F/A-18 Hornet, E-2D Advanced Hawkeye and Foreign Military Sales. Specifically, Pakistan has designated DLS as the MIDS-LVT terminal provider for its F-16 aircraft fleet. Additionally, Saudi Arabia has increased its directed source award to DLS. The additional terminals will be installed on U.S. and international platforms including the F-16 and Typhoon. Work will be performed in Wayne, N.J., and Cedar Rapids, Iowa, and is expected to be completed by December 2010.
Rockwell Collins, Inc. Lowers Upper End Of Prior FY 2009 EPS Guidance To A Range Below Analysts' Estimates; Lowers FY 2009 Revenue Guidance; Issues FY 2010 Guidance In Line With Analysts' Estimates
September 17, 2009
Rockwell Collins, Inc. updated its fiscal 2009 guidance and expects sales to be about $4.5 billion updated from about $4.55 billion and earnings per share (EPS) from $3.70 - $3.90 to $3.70 - $3.75. For fiscal 2010, it expects revenue totaling between $4.6 and $4.8 billion and EPS of $3.35 to $3.55. According to Reuters Estimates, analysts were expecting the Company to report revenue of $4.5 billion and EPS of $3.81 for fiscal 2009; revenue of $4.6 billion and EPS of $3.49 for fiscal 2010.
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Page generated 11/23/2009 1:40 AM Eastern Time

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