Canadian Marconi Co, in which GEC Plc has just over half the equity, looks for substantially higher profits in its upcoming fiscal year because of strength in the avionics sector: the company’s order backlog at June 30 was up 33% at the equivalent of $262m, and, in abeisance to its parent, is sitting on its own little cash pimple of $100m in readies and in short-term notes.