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Rockwell Collins CEO: Soaring Boeing Biz Easing Defense Cuts

August 21, 2023
in Trade Tube
Reading Time: 1 min read
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Defense spending may be declining, but shares of military aircraft supplier Rockwell Collins have taken off in the past year, rising nearly 40%. Rockwell CEO Kelly Ortberg credits the company’s ability to plan in the face of defense budget uncertainty, as well as its growing non-government aviation business for its success. Ortberg sees business with corporate customers like Boeing growing in 2014, especially with the addition of ARINC communication systems which it purchased last year.

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