- Rockwell Collins (COL -0.4%) is in preliminary talks about a partnership with Abu Dhabi-based Mubadala Aerospace as it seeks to boost revenue from foreign markets, CEO Kelly Ortberg tells Bloomberg.
- COL is expanding overseas as core markets such as U.S. defense become "pretty soft," Ortberg says; COL now gets ~40% of revenue abroad and plans to increase the proportion to 50% over five years.
- An anticipated 9% increase in plane deliveries in the Middle East over five years will be a boon for the company given its status as a major supplier to Boeing and Airbus, according to Ortberg.
From other sites
at CNBC.com (Dec 29, 2014)
at CNBC.com (Oct 31, 2014)
at CNBC.com (Oct 30, 2014)
at CNBC.com (Oct 29, 2014)
at CNBC.com (Oct 28, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs