Rohr Industries Inc.: The Chula Vista aerospace...
From Times Staff and Wire Reports
Rohr Industries Inc.: The Chula Vista aerospace firm said third-quarter net income plunged 47% to $4.4 million, while revenue rose 12% to $297.5 million. Rohr said income was reduced by production cost problems on several military aircraft programs, cost performance on certain commercial programs and a provision that fully reserves accounts receivable from airline customers in bankruptcy status.
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