Rockwell Collins raises quarterly dividend 33 percent to 16 cents per share

CEDAR RAPIDS, Iowa (April 28, 2006) - The Board of Directors of Rockwell Collins (NYSE: COL) has approved an increase in the company's quarterly dividend of four cents per share, or 33 percent, to 16 cents per share on its common stock.  The next dividend is payable June 5, 2006, to shareowners of record at the close of business on May 15, 2006.

"The increase in our quarterly dividend reflects Rockwell Collins' ongoing commitment to returning value to our shareowners," said Rockwell Collins Senior Vice President and Chief Financial Officer Patrick Allen.  "Our strong balance sheet and operating cash flow allow us to provide this additional shareowner value without impacting our ability to execute other elements of our growth and capital deployment strategies."

Rockwell Collins is a worldwide leader in the design, production, and support of communication and aviation electronics for commercial and government customers. The company's 17,000 employees in 27 countries deliver industry-leading communication, navigation, surveillance, display, flight control, in-flight entertainment, information management, and maintenance, training and simulation solutions. Additional information is available at www.rockwellcollins.com.

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