SpeedNews Defense & Space

CPI AERO lost $25.2m on $39.7m revenues in 2014 vs. $7.7m net profit on $83m in 2013; it ended year with $403.7m backlog. It was forced to take one-time, non-cash $44.7m adjustment to revenue related to revised estimates on A-10 wing replacement program. ROLLS-ROYCE opened $10m repair facility for F...

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