Trimble Navigation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Trimble Navigation

TRMB 83.35

+1.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Daniel Johnson who wrote (2543)	7/3/1998 4:56:00 PM
From: Daniel Johnson	Read Replies (1) of 3506

Rockwell role in GPS withering: Rockwell has announced that it plans to split its semiconductor business into a separate company at calendar year end. The GPS-component division of Rockwell will be included with this spin off. This change might impact Lowrence, which assembles consumer-grade GPS receivers in Mexico using Rockwell parts. Further, Rockwell plans to cut jobs. Of the 3,800 jobs to be cut, 720 will be in Rockwell Collins, Rockwell's avionics group based in Cedar Rapids, Iowa. Rockwell avionics compete with Trimble/Honeywell's. In August 1996, Rockwell sold its defense and aerospace operations. As a result of this, Boeing picked up the business of manufacturing GPS satellites.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next