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4-Traders Homepage  >  Equities  >  Nyse  >  Rockwell Collins, Inc.    COL

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Rockwell Collins : announces Engineer of the Year recipients

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02/20/2017 | 06:52pm CET

- Honorees have approximately 60 years of combined service to the company

- Awards presented in conjunction with National Engineers Week

CEDAR RAPIDS, Iowa - Three employees have been selected as Rockwell Collins 2016 Corporate Engineers of the Year and were recognized for demonstrating outstanding technical creativity and innovation at the company's annual Engineering Breakfast on Monday, Feb. 20, in celebration of National Engineers Week.

Clarence (Matt) Heckman, a senior software engineer in Commercial Systems; John Thedens, a principal technical project manager in Government Systems; and Lee Paulsen, a principal electrical engineer in Engineering & Information Technology (E&IT), were selected for achievements that resulted in significant impact to Rockwell Collins and the engineering profession.

Heckman, who has been with Rockwell Collins for eight years, led the software development for a major feature enhancement to Rockwell Collins' advanced terrain functionality on its Pro Line Fusion integrated avionics system. His contributions gave Rockwell Collins a lean, innovative solution that is integrated so tightly into Pro Line Fusion that it doesn't require the usual hardware box on the aircraft. It saves space, weight, power consumption and recurring costs. The resulting terrain functionality will have the flexibility and affordability to go into markets across the enterprise.

Thedens, a 38-year company employee, drove the technical development of Rockwell Collins' first-ever multi-channel, battery-powered radio from a clean-sheet prototype to a mature radio system in less than six months. He also led the technical proposal for the radio, which positions Rockwell Collins as one of several finalists for a major contract supporting the U.S. Army's Handheld, Manpack and Small Form Fit (HMS) program.

Paulsen is a recognized expert in the Electronically Scanned Array (ESA) domain and led the development of affordable ESA technology for Rockwell Collins. ESAs enable fast, accurate tracking capabilities for objects such as satellites and enable next-generation high throughput connectivity. His contributions helped enable Rockwell Collins to compete with larger ESA providers, but at a much lower price point - thus allowing the company to pursue new opportunities in both the commercial and defense markets. Paulsen has been with the company for 13 years.

About Rockwell Collins

Rockwell Collins is a pioneer in the development and deployment of innovative aviation and high-integrity solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, simulation and training, and information management is delivered by a global workforce, and a service and support network that crosses more than 150 countries. To find out more, please visit www.rockwellcollins.com.

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(c) 2017 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials ($)
Sales 2017 5 379 M
EBIT 2017 1 107 M
Net income 2017 727 M
Debt 2017 1 441 M
Yield 2017 1,47%
P/E ratio 2017 17,18
P/E ratio 2018 15,87
EV / Sales 2017 2,54x
EV / Sales 2018 2,37x
Capitalization 12 227 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 99,0 $
Spread / Average Target 5,9%
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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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