Grumman Corp.: The conglomerate reported that its...
- Share via
From Times Staff and Wire Reports
Grumman Corp.: The conglomerate reported that its first-quarter net income increased 37% to $22.5 million, compared to the year-ago period. Sales rose 2% to $981.6 million. The Bethpage, N.Y., firm cited increased sales and profit in aircraft spare parts and support equipment, and a strong performance in its information segment. Net income also included the release of $30.7 million of non-operating reserves no longer required.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
