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end-user demand, availability of customer financing, program execution and inventory management. Our estimates, ratings and price targets for both General Dynamics and Textron are subject to additional risks including poor program execution and government funding related to their defense and security businesse
Rockwell Collins Inc. 18b. The U.S. equity strategist, a member of his team, or one of their household members has a long common stock position in Textron Inc. The analyst responsible for this report has reviewed the material operations of the issuer and/or met with senior management. Unless otherwise indi
nt on end-user demand, availability of customer financing, program execution and inventory management. Our estimates, ratings and price targets for General Dynamics, Textron and Rockwell Collins arc subject to additional risks including poor program execution and government funding related to their defense and
al Dynamics Corp. GD.N Buy N/A US$69.71 01 Feb 2012 Rockwell Collins Inc. 2.4. 7' 6.76' 66' r• tit ru COL.N Buy N/A US$59.12 01 Feb 2012 Textron Inc. 6C. 7.13. It M. 77 TXT.N Buy N/A US$25.66 01 Feb 2012 Source: UBS. NI prices as of local market close. Ratings in this table are the most curr
end-user demand, availability of customer financing, program execution and inventory management. Our estimates, ratings and price targets for both General Dynamics and Textron are subject to additional risks including poor program execution and government funding related to their defense and security businesse
Rockwell Collins Inc. 18b. The U.S. equity strategist, a member of his team, or one of their household members has a long common stock position in Textron Inc. The analyst responsible for this report has reviewed the material operations of the issuer and/or met with senior management. Unless otherwise indi
Entities connected to both General Dynamics and Textron Inc.

Jeffrey Epstein
PERSON
Textron
ORGANIZATIONDoug Band
PERSON
Julie K. Brown
PERSON
George W. Bush
PERSON
United States
LOCATIONBombardier Inc.
ORGANIZATION
Paul Ryan
PERSONGeneral Dynamics Corp.
ORGANIZATIONCore Banding Exceptions
ORGANIZATIONDarryl Genovesi
PERSONEmbraer
ORGANIZATIONEuropean Investment Fund
ORGANIZATIONGlobal Equity Research
ORGANIZATIONUBS Business Jet
ORGANIZATIONDavid E. Strauss
PERSONthe Valuation and Risk
ORGANIZATION
Review
ORGANIZATIONBusiness Conditions
ORGANIZATION
Europe
LOCATION