This document provides a summary of Rockwell Collins' financial results for the first quarter of fiscal year 2016. Key points include:
- Sales were down 5% to $1.169 billion compared to the same period last year, driven by lower OEM production rates in business aviation and lower military sales. Aftermarket sales increased 8%.
- Income from continuing operations decreased 21% to $133 million due to restructuring charges. Earnings per share also decreased 21% to $1.00.
- Guidance for full fiscal year 2016 expects total sales between $5.3-5.4 billion and earnings per share of $5.45-5.65.
Levan, a homopolysaccharide which is composed of D-fructofuranosyl residues joined by β2,6 with multiple branches by β2,1 linkages. Levan is a diversely distributed component, particularly in plants, yeasts, fungi and bacteria (Jang et al., 2002). Levan produced in grasses (Dactylis glomerata, Poa secunda and Agropyron cristatum) are present as storage carbohydrates in the stem and leaf sheaths, and are degraded in the later stage of the growing season to provide plants with
carbohydrates for grain filling (Pollock and Cairns, 1991). Levan is also contained in wheat and barley (Hordeum vulgare), yeast, fungi (Aspergillus sydawi and A. versicolor), and in 1 bacteria (Bacillus subtilis, Aerobacter levanicum, Erwinia herbicola, Streptococcus salivarius and Zymomonas mobilis) in trace amount (Han, 1990).
Levan has great potential as a functional biopolymer in foods, feeds, cosmetics, and the pharmaceutical and chemical industries. Levan is also shown to exert excellent cellproliferating, skin moisturizing, and skin irritationalleviating
effects as a blending component in cosmetics. Levan derivatives such as sulphated, phosphated, or acetylated levans are asserted to be anti-AIDS agents. In addition, levan is used as a coating material in a drug delivery formulation moreover has a number of industrial applications such as surfactant for household use due to its excellent surface active properties, a
glycol/levan aqueous twophase system for the partitioning of proteins, etc.