SpeedNews Defense & Space

ISRAEL AEROSPACE INDUSTRIES had $27m net income on record $3.83b sales in 2014 vs. $75m on $3.64b in 2013; profits were hurt by non-cash deferred tax expenses due to the increase in the U.S. dollar exchange rate. It ended year with $9.1b backlog. CEL AEROSPACE , Canada, was licensed by Honeywell to...

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