Rockwell Collins CEO soft market eyes new ventures
Rockwell Collins CEO Kelly Ortberg told shareholders the Cedar Rapids avionics group posted a record revenue year despite a weak business jet market. He forecast a mid single digit sales dip in the business jet sector for the year ending Sept 30 2016 and highlighted growth in information management services. The company plans organic expansion and select acquisitions while applying aviation safety tech to nuclear and rail systems.
MENTIONED IN THIS ARTICLE
Rockwell Collins
Kelly Ortberg
Ortberg
Cedar Rapids Marriott
Information Management Services
Boeing targets earlier 737 MAX deliveries despite testing risks
Boeing aims to deliver its 737 MAX ahead of the 2017 schedule contingent on timely testing and customer readiness. CFO Greg Smith said early deliveries not guaranteed but pursued, as the company ramps 737 production and increases 787-9 output while signaling a 2016 transition year amid demand concerns.
MENTIONED IN THIS ARTICLE
Seattle
Boeing
Greg Smith
Cowen and Co
Southwest
Smith
Schwan teams with chefs to revamp menu and desserts
Schwan Food Co. named a Chef's Collective of seven chefs from nationwide dining circles including Minneapolis chef Jamie Malone to help update products across retail and school meals. The effort supports a $12 million clean label push and aims to source new ingredients and methods through ongoing chef partnerships.
MENTIONED IN THIS ARTICLE
Minneapolis Star Tribune
U.S
Minneapolis
Jamie Malone
Schwan
Inneapolis
M Schwan Food Co
Dimitrios Smyrnios
Montana
Smyrnios
Continental says 5 million vehicles may have defective airbags
Continental Automotive Systems said it supplied potentially faulty air bag control units used in 5 million vehicles from 2006 to 2010 for Honda Fiat Chrysler Mercedes Benz and other makers. The recall spans 1.5 to 2 million U.S. vehicles with injuries reported and Volvo Mazda tied models involved.
MENTIONED IN THIS ARTICLE
Washington
Detroit
Continental Automotive Systems
Honda
Fiat Chrysler
Mercedes- Benz
Continental Automotive
Germany
Continental AG
U.S
National Highway Traffic Safety Administration
Continental
Mary Arras
United States
Accord
NHTSA
Volvo
Mazda
Also Mentioned on This Page
George C. Ford
the Gazette
George.ford
Thegazette
Twin Cities
Marshall
Dana Tough
Brian McCracken
Restau
Chris Bohnhoff
Schwan Food Company
Minn
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