Reinforcing and expanding our international presence is an important component of our strategy to accelerate growth. In fiscal year 2014, 43 percent of Rockwell Collins’ revenue came from international sources, including foreign military sales, and we expect that figure to reach parity with domestic revenue by 2020.

In addition to our strong and long-standing presence in developed regions such as Western Europe, Canada and Australia, we are pursuing growth opportunities in emerging countries including Brazil, China, India and the Middle East. And we continue to maximize our international business development investments through a dedicated local presence, strategic collaborations and partnerships, and working closely with customers to ensure that we meet requirements for features, costs and exportability.

More passengers, more aircraft, more opportunity

As the global middle class expands and commerce grows more interconnected, so too does the need for commercial air travel. Projections indicate that passenger loads and aircraft in service will continue upward — and in a big way.

Rockwell Collins is poised to benefit from these trends as airlines respond by expanding their fleets. Airlines around the world, including Qantas Airlines, China Eastern Airlines, Oman Air and Air Algerie selected suites of our company’s communication, navigation and surveillance avionics in fiscal year 2014. And we’ve gained success among low-cost air carriers, winning new orders from Air Asia, Indonesia’s Lion Air and Mexico’s VivaAerobus, demonstrating our ability to provide proven, advanced avionics solutions that match these customers’ unique requirements.