Rockwell Collins Reports Second Quarter Fiscal Year 2008 Earnings Per Share of $1.03 on Sales of $1.186 Billion; Fiscal Year 2008 Earnings Per Share Guidance Range Increased to $3.95 to $4.05

Business Wire, April 24, 2008

Business Highlights:

Rockwell Collins acquired Athena Technologies, a privately held company that develops and provides flight control and navigation solutions primarily to the Unmanned Aerial Vehicle (UAV) market segment. Athena, which produces the GuideStar[R] family of versatile, compact and cost-effective flight control systems, provides Rockwell Collins with new growth opportunities on both manned and unmanned platforms as well as across both military and commercial market areas.

Rockwell Collins announced the opening of a new engineering center in Hyderabad, India. The facility will be dedicated to hardware and software development, with initial work focused on the design of displays and flight management systems. This center is scheduled to begin providing engineering services in October and will help the company satisfy its growing demand for engineering talent by hiring 500 people over the next 5 years.

Cessna Aircraft selected Rockwell Collins Pro Line Fusion(TM) for its Citation Columbus Business Jet. Pro Line Fusion offers a flexible architecture providing high reliability with extensive growth capabilities to meet the anticipated future air space requirements, and to support new technology and feature insertions. Standard features on the Columbus flight deck include: four high resolution 15-inch diagonal Liquid Crystal Displays with Synthetic Vision depiction of terrain and obstacles; MultiScan[TM] Weather Radar; Integrated Flight Information Systems (IFIS) with electronic charts, enhanced maps and graphical weather overlays; dual Advanced Flight Management Systems (FMS) with Wide Area Augmentation System that supports Localizer Precision with Vertical guidance approaches (WAAS/LPV) and Required Navigation Performance (RNP) capabilities. Optional features include Enhanced Vision; predictive windshear weather radar; Controller-Pilot Data Link Communication (CPDLC); Surface Management System; a second IFIS and a third FMS.

Rockwell Collins flight computers and pilot controls selected for the new Mitsubishi Regional Jet. Mitsubishi Heavy Industries, Ltd. (MHI) selected Rockwell Collins to provide primary flight control computers, pilot controls and horizontal stabilizer trim systems for the Mitsubishi Regional Jet (MRJ). The primary flight control computers will be a key component of the MRJ fly-by-wire system. The pilot controls system will include the control wheels, columns, pedals, associated feel systems, and pedestal controls. This award is in addition to MHI's earlier selection of Rockwell Collins' to provide its Pro Line Fusion avionics for the MRJ flight deck.

Gulfstream selected Rockwell Collins to provide the pilot controls, Horizontal Stabilizer Trim System (HSTS) and Head-up Guidance System (HGS[R]) for its new G650 business jet. The G650 flight deck will feature Rockwell Collins' latest generation of modular designed pilot controls including the flap and speed brake control modules, the pitch, roll and yaw pilot controls, as well as their interfaces to the aircraft's fly-by-wire systems. The Rockwell Collins HSTS, which incorporates two independent means of drive and failure detection technology to meet the latest stringent certification requirements, is a major flight control system component that optimizes aerodynamics by responding to complex computations to trim the pitch of the aircraft during flight. The HUD II on the G650 features Rockwell Collins' HGS-6250 advanced active-matrix liquid crystal display technology and presents critical flight information in the pilot's forward field of view. Aircraft flight path and attitude symbols appear overlaying the outside scene enhancing situational awareness, improving energy management and increasing touchdown precision.