Rockwell Collins awarded $130 million performance based logistics contract
SAN JOSE, Calif. (September 29, 2003) - Rockwell Collins, a leader in advanced military aviation electronics and communications, has received a five-year, $130 million
contract from the Naval Inventory Control Point (NAVICP), Philadelphia, for a Performance Based Logistics (PBL) program. The
effort entails the management, support and repair of the F/A-18A/B/C/D and F-14D tactical cockpit displays.
Under the contract, Rockwell Collins will become the Inventory Control Point for the F/A-18A/B/C/D and F-14D Head-Up Displays
(HUD) and Head Down Displays (HDD) and will be one of three depots that will perform repairs on the equipment. Rockwell Collins
is entering into contracts with the Naval Air Depots at North Island in San Diego, Calif. and at Jacksonville, Fla. The depots
will jointly perform approximately 66 percent of the equipment repairs. Rockwell Collins, as lead, will provide the depots
with logistics support.
"This program demonstrates the breadth of services that Rockwell Collins offers," said Bob Gabel, director, production programs
for Rockwell Collins. "In addition to manufacturing quality avionics and communications products, Rockwell Collins provides
cost-effective service and support. The combination of Rockwell Collins and the Naval Air Depots will provide the end users
with outstanding support for years to come."
Rockwell Collins and the two depots have been performing repairs to the equipment since the aircraft entered the fleet. Rockwell
Collins will now manage the equipment inventory in San Jose, Calif. and in response to requisitions deliver repaired equipment
directly to the fleet.
Rockwell Collins is an industry leader in providing defense and aerospace industry with technologies required to manage, deliver
and display data for information superiority. Through its Kaiser Electronics business, the company supplies a complete range
of high quality display system solutions for tactical fighter/attack aircraft including head down, head up and helmet mounted
displays. Additional information is available at
www.kaiserelectronics.com
Rockwell Collins (NYSE: COL) provides design, production and support of aviation electronics and communications for government
and commercial customers worldwide. Additional information is available at www.rockwellcollins.com.
This press release contains statements (including projections associated with Rockwell Collins providing inventory management,
support and repair of tactical cockpit displays for the Naval Air Depots program) that are forward-looking statements as defined
in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result
of certain risks and uncertainties, including, but not limited to U.S. government spending and budgetary policies; potential
cancellation or amendments of awards or orders; challenges in the design, development, production and support of advanced
technologies as well as other risks and uncertainties, including but not limited to those detailed from time to time in the
Rockwell Collins Securities and Exchange Commission filings. These forward-looking statements are made only as of the date
hereof.
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