The books are closed now and it is clear that core performance in aerospace & defense (A&D) was flat again for the second year in a row, which was good compared with other industries. Revenues stayed essentially the same and barely kept pace with inflation. Earnings were up on its face, but core earnings were level to slightly up if you add back the $10.5 billion of one-time charges in 2009 and $1.7 billion of one-time charges in 2010 associated with over-budget development programs, ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Deloitte Analysis Of Trends Behind the TPC Results".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.