Rockwell Collins cuts 2012 revenue forecast

Uncertainty over the future of Hawker Beechcraft is driving down the forecast for aerospace firm Rockwell Collins. Rockwell says it expects high single-digit increases in business-jet deliveries instead of the double-digit increases it earlier forecast. While Rockwell is still supplying parts to Hawker Beechcraft, which is in the midst of restructuring, it has curtailed some of its exposure to the ailing firm.

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