Rockwell sees 19% boost in fiscal Q3 profit

07/13/2008 | Wall Street Journal, The

Increased defense spending helped push Rockwell Collins' profits up 19% in the fiscal third quarter. The company reported net income of $174 million. CEO Clay Jones expects the defense business to continue to experience steady growth. The company, which makes flight control equipment and electronics, has also benefit from an increase in demand for business. jets.

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