Motorola defers Iridium profits in second quarter
Motorola Inc. said it continued to defer recognition of profits from its operations and maintenance contract with Iridium LLC in its 1999 second quarter because of Iridium's current financial condition. In addition, Motorola recorded a special charge of $126 million to write down the value of...
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.
