The Stamford firm said its fourth-quarter figures were impacted in part by a decline in lease rentals as well as a...
“Sikorsky's revenue is probably a little lower than we had expected when we acquired it,†said CFO Bruce Tanner.
Lockheed spokesman William Phelps said the company is continuing to “have productive meetings with the government."
Fourth-quarter sales were a record $511.7 million.
The acquisition includes equipment, intellectual property and manufacturing process technology related to OPM's business operations in aerospace and defense.
The asset acquisition includes equipment, intellectual property and manufacturing process technology.
At least 12 of the 17 county lawmakers must approve the lease.
As of Sept. 30, the Stamford firm owned 192 aircraft having a net book value of $6 billion.
All three of the Westport firm’s segments -- cranes, materials processing and aerial work platforms -- improved operating margin and grew...
Hexcel recently released its third-quarter financial results, which listed revenue at $491.5 million.
The move "provides Aircastle with access to the deep pool of professionals across the entire tristate region,†says CEO Mike Inglese.
"We expect to enter a period of record cash generation,†Chairman, CEO and President Nick Stanage said.
“This is a stress-free environment for aviation to grow,†said Ed Harrison, Stewart International Airport's general manager. “And our strategic aviation...
The U.S. Department of Agriculture, with help from the New York Department of Environmental Conservation, issued an environmental assessment that recommends...
A $6,500 buyout seemed paltry to people paying $200-some a month in maintenance fees and enjoying million-dollar views of the Hudson.