Search

Sales Edge Up While Earnings Unchanged In First Quarter At Rockwell Collins

Sales Edge Up While Earnings Unchanged In First Quarter At Rockwell Collins
Rockwell Collins Chairman, President and CEO Kelly Ortberg. Photo: Rockwell Collins

Rockwell Collins [COL] on Tuesday posted a slight gain in its first quarter sales while net income was largely unchanged and the aerospace and defense company raised its guidance for this year on an improved outlook for its government business and the recent acquisition of ARINC. Sales increased 1 percent to $1.1 billion mainly due to $6 million in sales generated from ARINC, which was acquired in late December, and to a lesser degree from growth in its Commercial Systems…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Contract Updates

General Dynamics Information Technology Inc. (Falls Church, Virginia) – $12,584,393

General Dynamics Information Technology Inc., Falls Church, Virginia, was awarded a $12,584,393 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the management, technical services, labor, material, support services, equipment, and facilities to accomplish repair and refurbishment of MK-41 Vertical Launch Systems on board Navy…


Virginia Pilot Association (Virginia Beach, Virginia) – $13,101,154

Virginia Pilot Association,* Virginia Beach, Virginia, was awarded $13,101,154 firm-fixed-price, indefinite-delivery/indefinite-quantity contract to provide pilot services in support of Commander, Navy Region Mid-Atlantic Port Operations to assist with the navigation of ships in and out of areas from Cape Henry…


Bell Textron Inc. (Fort Worth, Texas) – $14,071,857

Bell Textron Inc., Fort Worth, Texas, was awarded a $14,071,857 modification (P00012) to a cost-plus-fixed-fee order (N0001924F2602) against a previously issued basic ordering agreement (N0001921G0012). This modification exercises options to provide continued program management, engineering, and logistics services for calendar…


Alabama Shipyard LLC (Mobile, Alabama) – $16,840,735

Alabama Shipyard LLC,* Mobile, Alabama, is awarded a $16,840,735 firm, fixed-price contract (N3220526C0004) for the 98-calendar day shipyard availability for the deactivation of Military Sealift Command's fleet oiler vessel USNS John Ericsson (T-AO 194). This contract includes a base work…