Drop in net income for NG related to accounting rules, other charges
The drop in net profit for Northrop Grumman Corp. in 2002 largely reflects changes in accounting procedures to reflect the real value of some assets and charges for discontinued operations. Net profit for the company fell from $427 million in 2001 to $64 million in 2002 (DAILY, Jan. 29). The drop...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
