Rockwell Collins posts profit, raises outlook
Jan 21 (Reuters) - Rockwell Collins Inc, which makes electronics systems for aircraft, reported a lower quarterly profit on Tuesday but raised its full-year outlook, saying government-related sales would not fall as much as previously expected.
Net income was $131 million, or 96 cents a share, in the first quarter ended Dec. 31, compared with $132 million, or 94 cents a share, a year earlier. There were fewer outstanding shares in the most recent quarter.
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