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

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Rockwell Collins : receives additional FACE™ Conformance certificate for avoidance re-router software product

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03/23/2017 | 10:14pm CET
  • The latest FACE Conformant product for pilot situational awareness
  • Joins the Mission Flight Management Software product also certified FACE Conformant in June of 2016

CEDAR RAPIDS, Iowa (March 23, 2017) - Rockwell Collins, a leader in developing open systems architecture avionics solutions, announced today that it has certified another product under the Future Airborne Capability Environment (FACE™) conformance program. The Avoidance Re-router (ARR-2500) software product has been deemed conformant to FACE Technical Standard Edition 2.1, the latest edition of the standard. In June of 2016, Rockwell Collins' Mission Flight Management Software (MFMS-1000) was the first product in the industry to achieve FACE certification.

'This new certificate reaffirms our commitment to deliver FACE conforming products,' said Heather Robertson, senior director, Rotary Wing Solutions for Rockwell Collins. 'The ARR-2500 provides another tool to increase situational awareness and safety in the cockpit through cognitive decision aiding technologies.'

The ARR-2500 software alerts pilots of potential threats along the planned route and suggests alternative routes. The embedded real-time software application fully interfaces with avionics from Rockwell Collins and other manufacturers.

The FACE Technical Standard was developed by the FACE Consortium, a government and industry consortium managed by The Open Group to define an open avionics environment for all military airborne platform types. Primary objectives of the FACE Consortium include creating reusable and interoperable software capabilities while fostering innovation and competition. Rockwell Collins is a sponsor and founding member of the FACE Consortium and holds multiple leadership positions at the steering committee and subcommittee levels.

According to the FACE Consortium, FACE Certification proves that a software component has successfully been through an independent conformance verification and certification process. Conforming to the FACE Standard ensures that products are architected to operate across multiple avionics implementations, reducing test time and ultimately increasing rapid, affordable deployment of innovative product solutions.

Leveraging over 15 years of open systems architecture development, Rockwell Collins continues to build upon its common, flexible and affordable solutions with new products aligned to the FACE Technical Standard.
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.

FACE™ is a trademark of The Open Group in the United States and other countries.

Rockwell Collins Inc. published this content on 23 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 March 2017 21:14:20 UTC.

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Financials ($)
Sales 2017 5 382 M
EBIT 2017 1 121 M
Net income 2017 720 M
Debt 2017 1 441 M
Yield 2017 1,42%
P/E ratio 2017 17,82
P/E ratio 2018 16,50
EV / Sales 2017 2,64x
EV / Sales 2018 2,46x
Capitalization 12 748 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 103 $
Spread / Average Target 5,5%
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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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