YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Lockheed Martin took a nearly $2 billion charge in the fourth quarter, harming its bottom line.
The defense contractor reported a net loss of $642 million, compared with net income of $988 million a year earlier.
Officials cited changes to U.S. tax laws as the cause for the one-time expense.
Read more from Reuters.
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