Rockwell Collins Inc. (COL, rated BUY)

July 12, 2008

BusinessWeek Rankings

2008 #24

2007 #24
Rockwell Collins, Inc. engages in the design, production, and support of communications and aviation electronics worldwide. It operates in two segments, Government Systems and Commercial Systems. The Government Systems segment supplies communications systems and products designed to help customers transfer information; military data link systems and related products; and navigation systems and products, including radio navigation systems, global positioning systems, handheld navigation systems, and multi-mode receivers. It also provides subsystems for the flight deck comprising flight controls and displays, information/data processing and communications, navigation, and/or safety and surveillance systems; cockpit display systems, integrated computer systems, and simulation and training systems. This segment serves the U.S. Department of Defense, other government agencies, civil agencies, defense contractors, and foreign ministries of defense. The Commercial Systems segment supplies integrated avionics systems and products; cabin electronics systems and products, including passenger connectivity and entertainment, business support systems, network capabilities, passenger flight information systems, and lighting and other environmental controls; and situational awareness, and surveillance systems and products. It also provides flight deck systems and products; integrated information systems; and electro mechanical pilot controls and actuation systems consisting of horizontal stabilizer and trim actuation systems, throttle quadrants, cockpit petals, and other pilot controls. This segment serves original equipment manufacturers of commercial air transport, and regional and business aircraft; commercial airlines; and fractional and other business aircraft operators. In addition, it offers engineering, maintenance, repair, and parts and after-sales support services. The company was founded in 1933 and is headquartered in Cedar Rapids, Iowa. Rockwell Collins Inc. (NYSE:COL) operates independently of Rockwell Automation Inc. as of June 29, 2001.