1137411--11/23/2010--ROCKWELL_COLLINS_INC

related topics
{condition, economic, financial}
{operation, natural, condition}
{cost, contract, operation}
{operation, international, foreign}
{regulation, government, change}
{property, intellectual, protect}
{acquisition, growth, future}
{tax, income, asset}
{cost, operation, labor}
{customer, product, revenue}
{competitive, industry, competition}
A global recession may adversely affect us. International conflicts and terrorism may adversely affect our business. We depend to a significant degree on U.S. Government contracts, which are subject to unique risks. Our business is heavily concentrated in the aviation industry. 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 U.S. 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 changes could affect our effective tax rate and future profitability. We depend on specialized test equipment.

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