In testimony to parliament on the F-35, for which Australia is one of the largest international buyers with plans for up to 100, Australia's air force chief Air Marshal Geoff Brown said rivals were years behind the Lightning II's development.
April 19- Rockwell Collins Inc, a supplier of aircraft parts and systems, posted flat quarterly profit on Friday as sales fell on defense weakness. President Kelly Ortberg is expected to succeed Jones, who will stay on the company's board as nonexecutive chairman, Rockwell Collins said.
Net income came to $161 million, or $1.17 a share, for the fiscal second quarter ended March 31, compared with $161 million, or $1.09 a share, a year earlier.
April 19- Rockwell Collins Inc Chief Executive Officer Clay Jones plans to retire in July, and President Kelly Ortberg is expected to succeed him, the aircraft supplier said on Friday. Jones, 64, has worked at Rockwell Collins for almost 34 years and will stay on the company's board as nonexecutive chairman. Ortberg, 52, was appointed president in September 2012.
*First quarter EPS 94 cents compares with 89 cents estimate. Jan 18- Rockwell Collins Inc, a supplier of avionics and other electronic systems for commercial and military airplanes, reported higher quarterly profit on Friday, aided by share buybacks and cost controls.
Jan 18- Rockwell Collins Inc, a supplier of avionics and other electronic systems for commercial and military airplanes, reported higher quarterly profit on Friday, aided by share buybacks and cost controls. Net income came to $132 million, or 94 cents a share, in the fiscal first quarter ended Dec. 31, compared with $130 million, or 86 cents a share, a year earlier.
The supplier of avionics and other electronic systems for airplanes said net income came to $132 million, or 94 cents a share, in the fiscal first quarter ended Dec. 31, compared with $130 million, or 86 cents a share, a year earlier.