Rockwell Collins Inc. announced a deal with Airbus whereby COL will provide information management and navigation systems for the new A350 XWB aircraft. This agreement increased the value of the systems Rockwell Collins is supplying for the aircraft to $2.5 billion.
The Board of Directors of Rockwell Collins, Inc. declared a quarterly dividend of USD 0.24 per share of its common stock. The dividend, which is payable September 2, 2008 to shareowners at the close of business on August 11, 2008, helped COL stock rebound from its low of $45.47 earlier in the month.