Rockwell Collins joins Northrop Grumman-Raytheon team to support critical missile defense program

CEDAR RAPIDS, Iowa (December 22, 2003) - The U.S. Missile Defense Agency announced Wednesday, December 3, the award of an eight-year contract for the design, development and build of the Kinetic Energy Interceptor (KEI) missile defense system to a Northrop Grumman Corporation and Raytheon Company team, supported by Rockwell Collins. The KEI system is intended to provide the U.S. with the ability to destroy hostile missiles at their most vulnerable stage, the boost/ascent phase of flight.

Rockwell Collins, a leader in advanced data link systems, will supply both the air and ground portions of the communication system for the Interceptor. Rockwell Collins will provide the Interceptor Communications Unit subsystem that will be located in the missile, as well as the RF Transceiver Modem communications subsystem located in the KEI In-Flight Communications System. The contract has a potential for generating approximately $100 million in revenues for Rockwell Collins over the eight-year contract term.

KEI will complement the other boost, midcourse and terminal defense interceptor programs currently under development. Rockwell Collins is also supplying the communications system for the Exo-Atmospheric Kill Vehicle, a system designed to intercept weapons of mass destruction in their mid-course portion of flight.

“Rockwell Collins continues to play a key role in this critical area of our nation’s defense,” said Greg Churchill, executive vice president and COO for Rockwell Collins Government Systems. “We believe that with our communications expertise and our recent achievements in weapons data links, Rockwell Collins is uniquely positioned to meet the significant performance and schedule challenges for this vital system.”

Rockwell Collins (NYSE: COL) is a leader in the design, production and support of communications and aviation electronics solutions for government and commercial customers worldwide. Additional information is available at www.rockwellcollins.com.

This press release contains statements 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 and the Company assumes no obligation to update any forward-looking statement.

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