Tag Archives: Rockwell Collins

Rockwell Collins Declares Regular Quarterly Dividend

By Business Wirevia The Motley Fool

Filed under:

Rockwell Collins Declares Regular Quarterly Dividend

CEDAR RAPIDS, Iowa–(BUSINESS WIRE)– The Board of Directors of Rockwell Collins (NYS: COL) has declared a quarterly dividend of 30 cents per share on its common stock, payable June 3, 2013, to shareholders of record at the close of business on May 13, 2013.

Rockwell Collins is a pioneer in the development and deployment of innovative communication and aviation electronic solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, information management, and simulation and training is delivered by 19,000 employees, and a global service and support network that crosses 27 countries. To find out more, please visit www.rockwellcollins.com.

Rockwell Collins
Media Contact:
Pam Tvrdy-Cleary, 319-295-0591
pjtvrdy@rockwellcollins.com
Investor Contact:
Steve Buesing, 319-295-7575
investorrelations@rockwellcollins.com

KEYWORDS:   United States  North America  Iowa

INDUSTRY KEYWORDS:

The article Rockwell Collins Declares Regular Quarterly Dividend originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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From: http://www.dailyfinance.com/2013/04/18/rockwell-collins-declares-regular-quarterly-divide/

Rockwell Collins Chairman and CEO to Address Wells Fargo Securities 2013 Industrial and Construction

By Business Wirevia The Motley Fool

Filed under:

Rockwell Collins Chairman and CEO to Address Wells Fargo Securities 2013 Industrial and Construction Conference on May 8

CEDAR RAPIDS, Iowa–(BUSINESS WIRE)– Rockwell Collins (NYS: COL) Chairman and CEO Clay Jones will address Wells Fargo Securities 2013 Industrial and Construction Conference in New York, NY on May 8, 2013, at 10:15 a.m. Eastern Time.

A live audio webcast and subsequent replay of Jones’ comments will be available on the company’s web site at www.rockwellcollins.com. Listeners of the live transmission are encouraged to go to the Investor Relations section of the web site at least 15 minutes prior to the presentation to download and install any necessary software.

Rockwell Collins (NYS: COL) is a pioneer in the development and deployment of innovative communication and aviation electronic solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, information management, and simulation and training is delivered by 19,000 employees, and a global service and support network that crosses 27 countries. To find out more, please visit www.rockwellcollins.com.

Rockwell Collins
Media Contact:
Pam Tvrdy, 319-295-0591
pjtvrdy@rockwellcollins.com
or
Investor Contact:
Steve Buesing, 319-295-7575
investorrelations@rockwellcollins.com

KEYWORDS:   United States  North America  Iowa

INDUSTRY KEYWORDS:

The article Rockwell Collins Chairman and CEO to Address Wells Fargo Securities 2013 Industrial and Construction Conference on May 8 originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

Pentagon Announces $445 Million in "April Fool's" Contracts

By Rich Smith, The Motley Fool

Filed under:

One full month into a “sequester” that was supposed to gut U.S. defense spending, the Pentagon just awarded a few of its favorite contractors some $445 million in new defense contracts. And this being April Fool‘s Day, let’s make this clear: No joke.

Among the winners today were:

  • Northrop Grumman , winner of one of the larger awards with a $47.8 million firm-fixed-price contract to provide logistical support to Air Force C-20 passenger aircraft operating out of Ramstein Air Base in Germany, Andrews Air Force Base in Maryland, Sigonella Air Base in Italy, and Kaneohe Bay Air Force Base in Hawaii. This contract runs through June 31.
  • Rockwell Collins , which won a firm-fixed-price, sole-source contract worth up to $16.2 million to supply spare parts for Air Force C-17 transport planes. This contact should be completed by Jan. 31, 2018.
  • Huntington Ingalls , which got an $18.2 million modification to a previously awarded contract for “special tooling, special test equipment, and supplier related vendor support services” needed to continue building the nuclear aircraft carrier USS Gerald R. Ford. Huntington should have the equipment in hand by September 2015 — the same year the Ford is expected to enter service with the U.S. Navy.
  • Lockheed Martin‘s Mission System and Training division, which won $17.1 million in a cost-plus-award-fee order under a previously awarded basic ordering agreement. Lockheed will be assisting the Navy in post-shakedown work on the new USS Fort Worth Littoral Combat Ship, designated LCS 3. Lockheed’s work should be performed by July.
  • General Dynamics‘ Electric Boat, which was awarded an $11.8 million cost-plus-fixed-fee modification to a previously awarded contract funding the purchase of onboard repair parts for Virginia-class nuclear fast attack submarines. This work should be completed by August 2016.

The article Pentagon Announces $445 Million in “April Fool’s” Contracts originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of General Dynamics, Huntington Ingalls Industries, Lockheed Martin, and Northrop Grumman. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

Sleep Soundly With These Investments

By Selena Maranjian, The Motley Fool

Filed under:

Exchange-traded funds offer a convenient way to invest in sectors or niches that interest you. If you’d like to add some socially responsible stocks to your portfolio, the iShares MSCI Select Socially Responsible ETF could save you a lot of trouble. Instead of trying to figure out which companies will perform best, you can use this ETF to invest in lots of them simultaneously.

The basics
ETFs often sport lower expense ratios than their mutual fund cousins. The iShares ETF‘s expense ratio — its annual fee — is a relatively low 0.50%. The fund is on the small side, so if you’re thinking of buying, beware of possibly large spreads between its bid and ask prices. Consider using a limit order if you want to buy in.

This ETF has underperformed the S&P 500 over the past three and five years, though it’s handily topping it so far this year. As with most investments, of course, we can’t expect outstanding performances in every quarter or year. Investors with conviction need to wait for their holdings to deliver.

Why socially responsible?
More than a handful of socially responsible companies had strong performances over the past year. Eaton surged 29%, with the power management company shifting its focus from international projects to more U.S.-based ones. Management recently projected revenue growth of 42% in 2013 and that operating earnings will set a record. Eaton has also started seeing its inventories of heavy equipment start to shrink, which is promising. Goldman Sachs recently recommended the stock, but Fool contributor Rich Smith would steer clear, due to Eaton’s debt and valuation. Among many environmental initiatives, the company has reduced its greenhouse gas emissions by 26% since 2006.

Procter & Gamble gained 19%. The company has been struggling in recent years that featured anemic revenue growth and, until this past year, shrinking earnings. Its strong second quarter was in large part due to cost-cutting, with promises of innovation-driven growth ahead. Among many socially responsible initiatives, it has been cutting its energy and water use and reducing its waste output as well — in all cases by double-digit percentage rates over the past few years.

Aerospace and defense electronics specialist Rockwell Collins advanced 12%, recently hitting a 52-week high. Due to possible and actual cutbacks in military spending, the company has been shifting more of its attention to the commercial arena and has shrunk its workforce some, too, due to sequestration effects. The company has laid out its sustainability goals, such as a 15% reduction in greenhouse gases and issues regular reports on its progress.

Other companies didn’t do as well last year, but could see their fortunes change in the coming years. Natural gas specialist Spectra Energy gained 2%, for example. The company has been inking some promising …read more
Source: FULL ARTICLE at DailyFinance

Ducommun Announces Addition of Richard A. Baldridge and Gregory S. Churchill to Board of Directors

By Business Wirevia The Motley Fool

Filed under:

Ducommun Announces Addition of Richard A. Baldridge and Gregory S. Churchill to Board of Directors

LOS ANGELES–(BUSINESS WIRE)– Ducommun Incorporated (NYS: DCO) (“Ducommun” or the “Company”) today announced that its board has appointed Richard A. Baldridge and Gregory S. Churchill as directors of the Company, effective immediately, and, accordingly, they will stand for election at the Company’s annual shareholders’ meeting on May 1, 2013.

Mr. Baldridge is currently president and chief operating officer of ViaSat, Inc. (NAS: VSAT) , a leading provider of satellite communications products and services and secure networking systems. He joined ViaSat as the company’s chief financial officer in 1999 and has served in his current position since 2003. In addition, Baldridge previously held senior-level finance and operations positions at Hughes Information Systems, Lockheed, and General Dynamics.

Mr. Churchill recently retired as executive vice president of International and Service Solutions for Rockwell Collins, Inc. (NYS: COL) , which designs communications systems and aviation electronics for commercial and military customers worldwide. He joined Rockwell Collins in 1980 and, during his 32-year career with the company, held a series of increasingly responsible senior-level positions within operations and business development including chief operating officer of Rockwell’s Government Systems business.

“I’m delighted to welcome Rick and Greg to our board – both of whom have built successful careers at leading corporations within the aerospace and electronics sectors,” said Anthony J. Reardon, chairman, president, and chief executive officer. “Rick’s strong background in finance and experience in developing growth-oriented businesses make him an excellent fit for Ducommun, as does his strategic outlook and entrepreneurial spirit. Greg, likewise, is a seasoned operations executive with in-depth knowledge of the aerospace and defense industry, and his background across a variety of disciplines and extensive leadership experience will make him an asset right from the start. We are fortunate to have such esteemed individuals join us at this pivotal time in our growth.”


About Ducommun Incorporated

Founded in 1849, Ducommun Incorporated provides engineering and manufacturing services to the aerospace, defense, and other industries through a wide spectrum of electronic and structural applications. The company is an established supplier of critical components and assemblies for commercial aircraft and military and space vehicles as well as for the energy …read more
Source: FULL ARTICLE at DailyFinance

Pentagon Awards $23.8 Million in Defense Contracts

By Rich Smith, The Motley Fool

Filed under:

The Department of Defense announced a series of small (in defense contracting terms) contract awards to a handful of publicly traded companies Wednesday.

Among them:

Raytheon was awarded an $8.3 million cost-plus-fixed-fee modification to an existing basic ordering agreement. It will perform “program management, design engineering, system engineering, technical analysis, programmatic and technical documentation development, safety-related engineering, and logistic support” on AN/SPS-73(V) surface search radar systems operated by the U.S. Navy and Coast Guard. This contact runs through April 2015.

United Technologies subsidiary Sikorsky Aerospace Maintenance won an $8.2 million modification to a previously awarded firm-fixed-price contract to perform depot-level maintenance on Naval aircraft operated by “adversary squadrons” through June 2013. Adversary squadrons comprise U.S. pilots flying — importantly — either foreign-built planes (such as Russian MiGs), or older U.S. planes no longer in active service, flown in a style similar to those demonstrated by foreign air forces. The unusual “air forces” involved in this training require specialized knowledge in how to maintain their planes.

Rockwell Collins won a $7.3 million modification to a previously awarded firm-fixed-priced contract for purchase of ARC electronic radio controls and ancillary equipment for Air Force F-15C/D aircraft. Delivery is expected by March 2014.

The article Pentagon Awards $23.8 Million in Defense Contracts originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Raytheon. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Rockwell Collins to Issue Second Quarter FY 2013 Financial Results on April 19

By Business Wirevia The Motley Fool

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Rockwell Collins to Issue Second Quarter FY 2013 Financial Results on April 19

CEDAR RAPIDS, Iowa–(BUSINESS WIRE)– Rockwell Collins (NYS: COL) will issue a press release reporting its second quarter fiscal year 2013 financial results at approximately 7:30 a.m. Eastern Time on Friday, April 19, 2013. An investor conference call and simultaneous webcast to review the financial results will follow at 9:00 a.m. Eastern Time.

The conference call will be conducted by Rockwell Collins Chairman and CEO Clay Jones and Senior Vice President and CFO Patrick Allen. Individuals may listen to the call on the Internet at www.rockwellcollins.com. Listeners are encouraged to access the Investor Relations area of the company web site at least 15 minutes prior to the call to download and install any necessary software. The call will be available for replay on the Internet at www.rockwellcollins.com through Monday, June 17, 2013.

Rockwell Collins (NYS: COL) is a pioneer in the development and deployment of innovative communication and aviation electronic solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, information management, and simulation and training is delivered by 19,000 employees, and a global service and support network that crosses 27 countries. To find out more, please visit www.rockwellcollins.com.

Rockwell Collins
Media Contact:
Pam Tvrdy, 319-295-0591
pjtvrdy@rockwellcollins.com
or
Investor Contact:
Steve Buesing, 319-295-7575
investorrelations@rockwellcollins.com

KEYWORDS:   United States  North America  Iowa

INDUSTRY KEYWORDS:

The article Rockwell Collins to Issue Second Quarter FY 2013 Financial Results on April 19 originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

Rockwell Collins Announces Retirement of Sr. Vice President of Human Resources Ron Kirchenbauer and

By Business Wirevia The Motley Fool

Filed under:

Rockwell Collins Announces Retirement of Sr. Vice President of Human Resources Ron Kirchenbauer and Announces New Appointment

Martha May to join as new Human Resources chief on April 8

CEDAR RAPIDS, Iowa–(BUSINESS WIRE)– Rockwell Collins today announced that Ron Kirchenbauer, senior vice president of Human Resources and corporate officer, will retire at the end of April. Martha May, senior vice president and Chief Human Resources Officer of Bell Helicopter, has been appointed to succeed Kirchenbauer and will join Rockwell Collins on April 8, 2013.

Retiring Sr. Vice President of Human Resources Ron Kirchenbauer (Photo: Rockwell Collins)

Kirchenbauer, 65, was named to his current role in 2003 and he has been responsible for global human resources including compensation and benefits, organization development and training, employee and labor relations, talent acquisition and security.

“Since joining Rockwell Collins, Ron has set a strong foundation for the company moving forward due to many new programs established under his leadership, including our Diversity and Inclusion program, Rockwell Collins University and our Leadership Development Roadmap,” said Clay Jones, Rockwell Collins Chairman and CEO. “We owe Ron a great deal of gratitude for these contributions, and the strong passion he brought to his role over the past decade.”

May, 45, has more than 20 years of progressive human resources leadership experience and responsibility, including her current position at Bell Helicopter. Prior to joining Bell in 2006, May served in various leadership roles in talent acquisition, compensation, organizational effectiveness, labor and employee relations. May will report to the Office of the Chief Executive at Rockwell Collins, which includes Chairman and CEO, and President.

“Martha is an accomplished Human Resources executive with a proven track record of leading both front-line work groups and innovative strategic initiatives,” said Kelly Ortberg, president, Rockwell Collins. “Her energy and experience in an engineering and manufacturing environment for a global organization, and her demonstrated ability to engage and motivate leaders and employees will serve our company well as we position for the future.”

May has a B.A. in Speech Communications from North Carolina State University.

About Rockwell Collins

Rockwell Collins (NYS: COL) is a pioneer in the development and deployment of innovative communication and aviation …read more
Source: FULL ARTICLE at DailyFinance

Defense, Dividends, and Sequestration: What Investors Need to Know.

By Katie Spence, The Motley Fool

Filed under:

So, sequestration happened. While that’s not great, and it could definitely make things interesting for a while, one sector I’m not too concerned about is defense contracting, specifically defense giants. Yeah, it’ll be bumpy, but they’ll survive. They’re the proverbial tortoise: slow and steady. So why do investors invest in them? Dividends. And, understandably, there’s concern over what, if any, impact sequestration will have on defense dividends. Here’s what you need to know.

Dividends are paid from net income. In other words, the cash that’s left after taxes, expenses, etc. So, for example, let’s say Lockheed Martin takes a hit in its profit because the government isn’t spending as much money. In theory, that could impact its dividend. Well, sequestration will definitely impact defense companies’ profits, so does that mean defense dividends will take a hit? Unlikely, and it’ll probably be minimal if they do. Here’s why:

Lockheed, Boeing , Northrop Grumman , Rockwell Collins , and United Technologies , all pay dividends, which is great for investors. Even better? Their dividend payout ratio is pretty low, and because of that, sustainable even if affected by sequestration. Take a look: Lockheed’s payout ratio is the highest at 50%, and United Technologies‘ is second at 38%. Boeing and Rockwell are tied for third with a payout ratio of 34%, and Northrop has the lowest payout ratio, at 28%. 

Another factor to keep in mind? While sequestration does mean a reduction in defense spending, it’s only returning defense spending to 2007 levels. In other words, there’s still a heck of a lot of defense spending going on, so these companies aren’t going to see all their revenue vanish overnight. Go down? Yes. Dry up? Nope. What’s more, these companies’ market caps are in the billions. They’re not small companies that can’t take a little turbulence. That’s not to say they won’t be affected; they undoubtedly will be. But they’re resilient.

Another thing to keep in mind is how defense contractors are paid. In defense contracting, it can take years to award a contract, obligate funding, and pay the defense contractor. When the money is finally transferred from the U.S. Treasury to the company, it becomes an outlay, or what’s known as backlog for a company. Sequestration won’t affect money that’s already been obligated, and as a result, the effects of sequestration on defense contractors will be gradual, taking three to four years for them to feel the full impact. And like I’ve said before, these companies have been preparing for this, and as a result, aren’t being caught with their pants around their ankles.

Last, and I can’t say this enough, defense contractors provide a service that only they can. They are essential to the military, and the military is essential to America. Neither is going anywhere anytime soon. Consequently, I wouldn’t be too worried about your defense dividends.

 

With great opportunity comes great responsibility. For Boeing, which operates as a major player …read more
Source: FULL ARTICLE at DailyFinance

Rockwell Collins Shares Cross 2% Yield Mark

By DividendChannel.com

Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Rockwell Collins, Inc. (NYSE: COL) were yielding above the 2% mark based on its quarterly dividend (annualized to $1.20), with the stock changing hands as low as $59.96 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market‘s total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY) back on 12/31/1999 ? you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease of $4.67/share over all those years. But now consider that you collected a whopping $25.98 per share in dividends over the same period, for a positive total return of 23.36%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.6%; so by comparison collecting a yield above 2% would appear considerably attractive if that yield is sustainable. Rockwell Collins, Inc. (NYSE: COL) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index. …read more
Source: FULL ARTICLE at Forbes Markets