|Day's Range||64.40 - 65.00|
|52 Week Range||42.57 - 65.26|
|PE Ratio (TTM)||20.93|
|Dividend & Yield||0.84 (1.30%)|
|1y Target Est||N/A|
A top executive with avionics supplier Rockwell Collins said Wednesday that the company’s work force and production facilities in Winston-Salem remain critically important to the Cedar Rapids, Iowa-based firm following its $8.6 billion acquisition of B/E Aerospace last month. "It's mission critical," said Werner Lieberherr, executive vice president and chief operating officer of interior systems at Rockwell, to TBJ during a media tour of the company’s labs and plants this morning. "It's a very critical place, and Rockwell Collins recognizes that," he said.
Rockwell Collins Inc's second-quarter revenue beat analysts' estimates and the aircraft components maker raised its full-year revenue forecast to reflect the impact of its recently closed acquisition of aircraft interiors maker B/E Aerospace. Rockwell's shares rose as much as 5 percent to a record high $104.54 on Friday. Rockwell said on Friday it expected revenue of $6.7 billion to $6.8 billion for the year ending Sept. 30.
Aircraft component maker Rockwell Collins Inc raised its fiscal-year revenue forecast but gave a lower-than-expected profit outlook as it incorporated the acquisition of aircraft interiors maker B/E Aerospace into its results. Rockwell said it expected revenue of $6.7 billion to $6.8 billion for the year ending on Sept. 30 to reflect B/E Aerospace's results. It had previously forecast $5.3 billion to $5.4 billion.