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Business/Financial

Rockwell Expects Earnings, Sales To Dip In 2014

Defense Daily Staff

Monday, September 23rd, 2013

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Rockwell Collins [COL] on Friday introduced financial guidance for 2014 with the declines paced by continued constraints on government spending, partially offset by growth in avionics for commercial aircraft. The forecast excludes the company’s pending acquisition of ARINC Inc., a provider of communications and information processing solutions for the commercial aviation industry, which is expected to have $600 million in sales in 2013. Rockwell Collins flight cabin displays. Photo: Rockwell Collins Kelly Ortberg, Rockwell Collins’ president and CEO, said the…

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