Rockwell Collins bearish on Aviation Recovery
Integrated avionics provider Rockwell Collins is taking a bear's view of the anticipated recovery of the business jet market, with estimates for deliveries in the next several years as much as 30% below the Teal Group's typically conservative estimates through 2014. JP Morgan, UBS and Merrill Lynch are also predicting a heartier delivery rate.
Rockwell's outlook is the product of an analytical process the company has put in place to better anticipate production needs, says Colin Mahoney, vice-president of sales, marketing and support for commercial systems.
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