DJ Rockwell Collins Open To a Big Deal -- Market Talk
11:25 ET - Rockwell Collins (COL) CEO Kelly Ortberg open to another $1B-plus acquisition, especially in the defense sector now there's a little more budget stability. "I think that's unthawing," Ortberg says of defense M&A. COL seeing more demand for munitions, training and secure GPS services from the Pentagon, though he says paperwork and approvals holding up some export deals that may slip beyond 2Q into the back half of the year. Also expects source selection on big Army Manpack radio deal in 2Q. COL up 1.8% at $84.32.