The Insider

Rockwell Collins reports sales growth in government systems business

April 21, 2017 |
Marjorie Censer
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Rockwell Collins said today its government systems business saw sales in the most recent quarter reach $565 million, up about 5 percent from the same three-month period a year earlier.

The company reported quarterly profit hit $114 million, up about 6 percent from the prior year.

Rockwell attributed the sales growth to increased avionics and communication and navigation sales.

Avionics sales grew because of "higher simulation and training program revenues and higher fixed wing development program sales, partially offset by the wind-down of legacy tanker hardware deliveries."

Communication and navigation revenue grew because of "higher datalink program sales and higher deliveries of GPS-related productions," according to the company.