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2014-04-28 08:22:14

Sector profitability increased nearly 18 percent despite falling revenues NEW YORK, April 28, 2014 /PRNewswire/ -- U.S. defense contractors posted a decline of 2.6 percent in revenues in 2013, mostly due to U.S. Department of Defense (DOD) and related agency outlay reductions during the fiscal year, according to Deloitte's analysis of the top 20 U.S. defense sector companies. These budget reductions resulted from the drawdown of forces in the Middle East as well as spending...

2014-04-14 08:40:45

Aircraft production levels up more than 30 percent since 2010 NEW YORK, April 14, 2014 /PRNewswire/ -- Global commercial aircraft manufacturers' revenues increased 8.9 percent in 2013, according to a Deloitte analysis of the top 100 global aerospace companies. http://photos.prnewswire.com/prnvar/20120803/MM52028LOGO-a Key industrial metrics - production output of 1,274 aircraft, net sales of 2,858 orders, a backlog of nearly eight years of production and revenues totaling nearly...

2014-01-02 08:20:42

Report outlines declines in defense spending, recording setting commercial aerospace production NEW YORK, Jan. 2, 2014 /PRNewswire/ -- The continued decline of defense spending into 2014 will likely force new revenue streams for the aerospace and defense (A&D) industry that may include innovations in intelligence, precision strike technologies, and cyber security. This is according to the Deloitte Touche Tohmatsu Limited (DTTL) 2014 Global Aerospace and Defense Outlook, which...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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