Lockheed reported a 4% gain in second-quarter...
Lockheed reported a 4% gain in second-quarter earnings, to $100 million. Revenue in the quarter totaled $2.9 billion, compared to $2.6 billion in 1986. The Calabasas firm said the increased earnings are the result of higher sales and program profits, primarily from the inclusion of its Sanders and CalComp subsidiaries, which were acquired last August.
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