This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Inmarsat GX Selects Rockwell Collins As Aeronautical Technology Partner

NYON, Switzerland, August 30, 2011 /PRNewswire/ --

Inmarsat's Next Generation Satellites Will Support the Growing Demand for Data Connectivity on Aircraft

Inmarsat (LSE:ISAT), the leading provider of global mobile satellite communications services, is pleased to announce  it has reached agreement in principle with Rockwell Collins (NYSE: COL) by which Rockwell Collins will take the leading role in development, production and distribution of User Terminals (UTs) for future Inmarsat's Global Xpress™ (GX) aeronautical services to the aviation industry.  

With the support of Rockwell Collins, in-flight testing of the Global Xpress™ aeronautical services will begin after the launch of the first Inmarsat-5 satellite scheduled for mid-2013 with global services for commercial air transport, business aviation and government customers worldwide in 2014. Under the agreement signed today, Inmarsat and Rockwell Collins will enter into exclusive negotiations that are expected to lead to definitive agreements by late 2011.

Rockwell Collins is a leading global provider of communication and aviation electronic solutions for commercial and government customers.  They have a strong track record of designing, manufacturing and integrating connectivity solutions on business, commercial and government aircraft.

Inmarsat currently has over 11,000 aircraft relying on global in-flight connectivity, and is the most widely used satellite operator in the industry. Inmarsat was the first to provide global safety services that comply with the requirements of the International Civil Aviation Organization.

The GX aeronautical offering will be economical, in terms of both hardware and services to the end users, providing the only global Ka broadband connectivity with transmission speeds at least double that of Ku offerings.

Comments Leo Mondale, Managing Director of Inmarsat GX: "We welcome Rockwell Collins to the expanding family of Global Xpress partners. Their strong position in technology and services for US and International Government aeronautical, Commercial Air Transport and Business Aviation markets is well respected.  Rockwell-Collins will lead a world-class team to bring the unique performance and coverage of Inmarsat's Global Xpress satellite services to the aeronautical marketplace.  This combination will be integrated into end-to-end equipment and service packages by existing and new distribution partners, including Rockwell Collins,  to create a new industry standard for airborne connectivity that will benefit both airlines and their passengers."

Rockwell Collins aircraft electronics are installed in business and commercial aircraft cockpits and cabins of nearly every airline in the world.  Additionally, Rockwell Collins airborne and ground-based communication systems transmit nearly 70 percent of all U.S. and allied military airborne communications. Rockwell Collins' successes in delivering systems for aircraft manufacturer forward-fit installation is unrivaled and will be a key element of their activity for GX systems alongside their proven capabilities for systems retrofit.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,683.58 -46.53 -0.26%
S&P 500 2,067.49 -9.29 -0.45%
NASDAQ 4,988.5240 -20.69 -0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs