Rockwell Collins posts higher quarterly profit

Fri Jan 18, 2013 7:39am EST

Jan 18 (Reuters) - Rockwell Collins Inc reported higher quarterly profit on Friday, aided by share buybacks and cost controls.

The supplier of avionics and other electronic systems for airplanes said net income came to $132 million, or 94 cents a share, in the fiscal first quarter ended Dec. 31, compared with $130 million, or 86 cents a share, a year earlier.