Net profits of U.S. aerospace sector in final quarter of 1995 plummets 60.3%
Net profits of the U.S. aerospace sector in the final quarter of 1995 plummeted 60.3% to $670 million despite an increase of 4.2% in sales to $31.1 billion, due in part to the $1.8 billion pretax writeoff by McDonnell Douglas on its MD-11 program, according to the latest figures from the Aerospace...
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