Rockwell Collins reports government systems sales boost

By Marjorie Censer / July 25, 2016 at 10:47 AM

Rockwell Collins said today sales in its government systems unit during the most recent quarter increased to $555 million, up 5 percent from the same three-month period a year earlier.

The company reported that the unit's quarterly profit hit $115 million, up 6 percent from the prior year.

"Avionics sales increased due to higher fixed-wing platform revenues and higher simulation and training sales, partially offset by lower deliveries on various rotary wing platforms," the company said. "Communication and Navigation sales decreased due to the wind-down of an international electronic warfare program and lower international deliveries of targeting systems."

The company also said the government systems business benefited from cost savings initiatives related to its restructuring.

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