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Sikorsky registers big 2014 gain

2015-01-29 02:50:01| Industrial Machines - Topix.net

In a fourth quarter of intrigue at its parent company United Technologies, Sikorsky Aircraft increased sales by $1.2 billion in 2014, a 19 percent gain even as it warned of turbulence ahead as military sales dwindled. UTC increased profit 10 percent from a year earlier to $1.47 billion, or $1.62 per diluted share, compared with $1.46 billion, or $1.58 a share, in the year-earlier period.

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