Rockwell Collins reports increased sales, profit in government systems group

January 26, 2018 at 1:19 PM

Rockwell Collins said today sales in its government systems group during the most recent quarter reached $573 million, up 21 percent from the same three-month period a year earlier.

The business saw the greatest increase in its communication and navigation sales. Rockwell Collins attributed the boost to its B/E Aerospace acquisition. Additionally, the business recorded "higher test and training range and legacy communication sales."

The government systems unit's quarterly profit hit $109 million, up 14 percent from the prior year. Yet, the contractor said the division's operating margin declined because of "unfavorable sales mix, higher employee compensation costs, and higher pre-production engineering amortization."