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Tag Archives: Rockwell Collins

November 19 Market Close: GovCon Index Closes Up, US Markets Narrow

The GovCon Index barely edged in positive territory Thursday with a gain of 0.216 points to 78.940 on a choppy trading day for U.S. markets. With a Friday gain, the Index would record a full week of five consecutive positive days for the second time in the fourth quarter so far. Index stock Health Net (NYSE: …

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November 17 Market Close: GovCon Index Gains as US Stocks End in Narrow Range

The GovCon Index continued its rebound on heightened volume into a second straight session with a gain of 0.313 points to 77.900 Tuesday as U.S. stocks gave back gains from midday and closed in narrowly mixed range. Monday saw the Index surge 2.9 percent on increased activity among defense shares in the first trading session after Friday’s …

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Rockwell Collins CEO Kelly Ortberg Named Board Chairman; Anthony Carbone Comments

Rockwell Collins (NYSE: COL) CEO Kelly Ortberg has taken the additional role as chairman of the aviation technology maker’s board of directors. Former Chairman Anthony Carbone will transition into the lead independent director position with the board, Rockwell Collins said Wednesday. “This appointment reflects the confidence the board of directors has in Kelly, …

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Rockwell Collins Posts 13% FY 2015 Earnings Climb, Revenue Up 5%; CEO Kelly Ortberg on Currency Impacts, Budget Agreement

Rockwell Collins (NYSE: COL) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported full fiscal year 2015 earnings of $5.19 per share to exceed 2014 figures by 14.82 percent. The Iowa-based avionics maker’s most recent 2015 earnings outlook was for a range between $5.15 and $5.25 per share and Wall Street …

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October 23 Market Close: GovCon Index Extends Climb, US Stocks Up on Earnings & China Rate Decision

The GovCon Index extended its current rally into a second day with a gain of 1.057 percent to 75.312 as investors continued to mull earnings reports from S&P 500 stocks, 11 of which are also listed in the Index. For the week, the Index recorded a gain of 6.32 percent on third quarter earnings reports above Wall Street …

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October 22 Market Close: GovCon Index Snaps Out of Neutral, Posts 2% Gain

The GovCon Index snapped a four-day streak of nominal and negative trading activity Thursday with a gain of 1.949 percent to 74.524. Raytheon (NYSE: RTN) shares climbed 4.1 percent to $111.28 after the weapons maker posted third quarter earnings and sales figures above Wall Street forecasts and raised its full-year revenue …

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NASA Chooses 11 for $400M Langley Center Research Support IDIQ

Eleven companies have been awarded positions on a potential five-year, $400 million contract to help build new aerospace systems at a NASA research facility in Virginia. NASA said Thursday contractors will compete to perform technology basic and applied research, development, analysis, integration and demonstration services for Langley Research Center. Work …

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September 10 Market Close: GovCon Index, US Stocks Ride Oil Bounce to Modest Gain

The GovCon Index recorded a modest gain in Thursday’s trading session at 0.204 points up to 72.278. CNBC reported crude oil rose $1.77 — or 4.01 percent — to $45.92 a barrel in New York a day after the commodity fell 3.9 percent and maintained its gains despite a report that showed weekly inventory beat the consensus …

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September 3 Market Close: GovCon Index, US Stocks in Narrow Range as Traders Await Data

The GovCon Index closed at a gain of 0.156 points to 71.953 Thursday as U.S. markets also ended the session in narrow range ahead of Friday’s employment report for August. Economists polled by the Wall Street Journal expect the Labor Department to report nonfarm businesses added 220, 000 jobs in November and …

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Rick Schmidt Named Rockwell Collins M&A VP; Jeff MacLauchlan Comments

Rick Schmidt, formerly senior director of mergers and acquisitions at Rockwell Collins (NYSE: COL), has been promoted to VP of M&A at the Iowa-based avionics technology maker. Schmidt helped the company carry out its acquisition of ARINC in 2013 in the senior director role and has worked on other strategy development and acquisition initiatives at Rockwell …

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