1137411--11/13/2006--ROCKWELL_COLLINS

related topics

{cost, contract, operation}

{operation, international, foreign}

{operation, natural, condition}

{property, intellectual, protect}

{acquisition, growth, future}

{regulation, government, change}

{tax, income, asset}

{cost, operation, labor}

International conflicts and global war on terror may adversely affect our business. We depend to a significant degree on U.S. government contracts, which are subject to unique risks. New airspace management technologies may impact future sales. We derive a significant portion of our revenues from international sales and are subject to the risks of doing business outside the United States. We have made, and expect to continue to make, strategic acquisitions that involve significant risks and uncertainties. We enter into fixed-price contracts that could subject us to losses in the event that we have cost overruns. Costs of certain employee and retiree benefits may continue to rise. Tax law changes expected to impact our effective tax rate.

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1137411--11/13/2006--ROCKWELL_COLLINS_INC