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Stock Market & Financial Investment News

News Breaks
February 25, 2013
15:41 EDTCOLRockwell Collins selected to provide rudder/brake pedal assembly for A350 XWB
Rockwell Collins (COL) announced that it has been selected by Airbus to provide the rudder/brake pedal assembly for the A350 XWB family of aircraft. "This win tops off a comprehensive suite of offerings for the A350 XWB, which represents the most content we've ever had on an Airbus platform," said Kent Statler, executive vice president and chief operating officer, Commercial Systems for Rockwell Collins. "Airbus's confidence in us to design, produce and implement innovative solutions for this new-generation aircraft was a key factor in this latest award." The previously announced Rockwell Collins-supplied products and solutions for the A350 XWB, including the aircraft's communications, information management, landing and navigation systems, are valued at $2.5B over the life of the program. More than 600 A350 XWBs have been ordered by airlines throughout the world.
News For COL From The Last 14 Days
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February 23, 2015
06:51 EDTCOLAerospace sector downgraded to Neutral from Attractive at Goldman
Goldman downgraded the Aerospace sector to Neutral based on group outperformance and increased downside risks. The firm believes Boeing (BA) and Airbus are now oversupplying the market after a decade of undersupply and replacement demand required to sustain production may prove difficult to achieve. Goldman said accelerated new aircraft replacements was partially due to fuel economics and lower fuel prices and global growth volatility could substantially change Aerospace dynamics. As part of the sector view change, Goldman downgraded Boeing to Sell from Neutral and Precision Castparts (PCP) to Natural from Buy.

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