Rockwell Collins Releases Quarterly Financial Results

Rockwell Collins (NYSE: COL) reported its third quarter 2011 financial results July 22.

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The company reported net income of $158 million, an 11 percent increase from the $142 million it generated in the third quarter of 2010.

Rockwell saw earnings per share increase 13 percent to $1.01 from $0.89 over that period.

Its government airborne solutions sales were $488 million, a six percent increase year-over-year.

Overall government systems sales fell 11 percent from the third quarter of 2010 as surface solutions sales fell 39 percent to $180 million.

Click here for the full report and comments from chairman, president and CEO Clay Jones.

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