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Rockwell Collins Emerges From '2 Years of Misery'

Thursday, 20 Jan 2011 | 6:02 PM ET

After "two years of misery," Rockwell Collins CEO Clay Jones said Thursday things are looking up.

The Cedar Rapids, Iowa-based company designs and produces communications and aviation electronics for commercial and military customers. Jones said the commercial business is very strong, especially new builds of air-transport aircraft.The after-market is "exceedingly strong" in business aircraft, as well.

Getting Defensive
Standing at attention on signs of recovery, with Rockwell Collins, Clay Jones CEO.

What's most surprising, though, is early indications of recovery in the business jet original engine manufacturer market, which has "just been crushed" in the past few years. Jones said that strength bodes well for a "sustained recovery" for the next few years.

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