Northrop Grumman takes fourth quarter charges of $125 million
Northrop Grumman said it will take pretax charges of about $125 million in its 1998 fourth quarter related to Boeing 747 fuselage work and the Directional Infrared Countermeasure (DIRCM) program. The company said yesterday that lower 747 fuselage delivery rates caused an increase in the estimated...
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