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Vought Q2 income declines by $55 million
13 August 2009
Vought Aircraft Industries net income for the second quarter decreased by $55.2 million, but the company points to the improvement in its balance sheet following the sale of its 787 facility
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Vought Aircraft Industries
787
Boeing
Global Aeronautica
Vought Aircraft Industries, which last month sold its South Carolina 787 plant to Boeing, has reported second quarter financials which the company said “fell short” of expectations.
Net income was $24.1 million – a decrease of $55.2 million compared to the...
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