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ROCKWELL COLLINS (COL)
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Rockwell Collins : completes preliminary design review for U.S. Navy TCTS Inc. II program; New system to significantly improve training realism and effectiveness while protecting tactics, techniques and procedures

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06/20/2018 | 03:36pm CEST

CEDAR RAPIDS, Iowa - Rockwell Collins has successfully completed the Preliminary Design Review (PDR) of the Tactical Combat Training System Increment II (TCTS Inc. II) program with the U.S. Navy and has been approved to begin detailed design work. Performed on schedule with the Naval Air Systems Command (NAVAIR) Naval Aviation Training Systems (PMA-205) program office, the PDR was attended by U.S. Department of Defense (DoD) members in Cedar Rapids, Iowa from Feb. 20-23.

'For a program of this complexity, the successful completion of PDR just 11 months after program award is a testament to the collaboration and expertise of all involved,' said Capt. Jason Lopez, PMA-205 program manager.

The initial $142 million award for TCTS Inc. II was announced last year with Rockwell Collins being selected as the prime contractor and systems integrator for the next-generation air combat training system along with collaboration and support from Leonardo DRS.

The TCTS Inc. II program will replace the Navy and Marine Corps' training range infrastructure while improving effectiveness of training across all squadrons and fleet forces. Supporting real-time operational air combat training for a variety of missions and platforms, including legacy and advanced aircraft, the new system will enable the blending of live and synthetic elements into training known as Live, Virtual and Constructive. The open system architecture with Multiple Independent Levels of Security (MILS) protects the tactics, techniques and procedures being used. TCTS Inc. II also provides interoperability for joint and coalition training with fourth and fifth-generation platforms while aligning with industry software standards such as the FACE Technical Standard and Software Communications Architecture (SCA).

'TCTS Inc. II will bring a heightened sense of realism that allows pilots to truly 'train as they fight' and be better prepared for real situations,' said Troy Brunk, vice president and general manager, Communication, Navigation and Electronic Warfare Solutions for Rockwell Collins. 'The system provides five times the network capacity compared to current air combat training systems, making it scalable and adaptable for emerging missions and threats as needed.'

About Rockwell Collins

Rockwell Collins (NYSE: COL) is a leader in aviation and high-integrity solutions for commercial and military customers around the world. Every day we help pilots safely and reliably navigate to the far corners of the earth; keep warfighters aware and informed in battle; deliver millions of messages for airlines and airports; and help passengers stay connected and comfortable throughout their journey. As experts in flight deck avionics, cabin electronics, cabin interiors, information management, mission communications, and simulation and training, we offer a comprehensive portfolio of products and services that can transform our customers' futures. To find out more, please visit www.rockwellcollins.com.

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Media contact

Robert Edilson

Defense & Government

Phone 1: +1.319.263.4735

Phone 2: +1.319.899.0740

(C) 2018 Electronic News Publishing, source ENP Newswire

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Financials ($)
Sales 2018 8 756 M
EBIT 2018 1 654 M
Net income 2018 1 115 M
Debt 2018 5 445 M
Yield 2018 1,13%
P/E ratio 2018 20,46
P/E ratio 2019 19,00
EV / Sales 2018 3,20x
EV / Sales 2019 2,97x
Capitalization 22 547 M
Chart ROCKWELL COLLINS
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Rockwell Collins Technical Analysis Chart | COL | US7743411016 | 4-Traders
Technical analysis trends ROCKWELL COLLINS
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 14
Average target price 136 $
Spread / Average Target 0,67%
EPS Revisions
Managers
NameTitle
Robert Kelly Ortberg Chairman, President & Chief Executive Officer
Bruce Michael King Senior Vice President-Operations
Patrick E. Allen Chief Financial Officer & Senior Vice President
Nan Mattai Senior VP-Engineering & Information Technology
Chris A. Davis Independent Director
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