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Commercial Aerospace Lifts Rockwell Collins To Solid Fourth Quarter

Rockwell Collins [COL] yesterday posted a solid end to its 2008 fiscal year led by its commercial business that serves the aerospace market and to a lesser extent its military business. Net income in the fourth quarter increased 17 percent to $182 million, $1.13 earnings per share (EPS), from $156 million (96 cents EPS) a year ago, beating analysts' expectations by six cents. The increase was driven by an 11 percent gain in operating earnings at the Commercial Systems segment,…

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Congress Updates

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]


Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]


“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]


Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]