Collins Radio Co. - Specimen Stock Certificate
Inv# SE1967 Stock
Specimen Stock printed by American Bank Note Company. Rockwell Collins, Inc. was a global corporation based in Cedar Rapids, Iowa, specializing in avionics and information technology systems and services for government entities and aircraft manufacturers. The company originated from the Collins Radio Company, which was acquired by Rockwell International in 1973 due to financial challenges. In 2001, Rockwell International's avionics division was separated to create the current Rockwell Collins, Inc., which retained its original name. On November 27, 2018, the company was acquired by United Technologies Corporation and now functions as part of Collins Aerospace, a subsidiary of RTX Corporation (previously known as Raytheon Technologies). Collins Radio Company was established by Arthur A. Collins in 1933 in Cedar Rapids, Iowa. The company focused on designing and manufacturing shortwave radio equipment as well as devices for the AM radio broadcast sector. Collins provided equipment to the military, scientific organizations, and major AM radio stations. Notably, Collins supplied the necessary equipment to facilitate communication for Rear Admiral Richard E. Byrd's South Pole expedition in 1933.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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