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[Satellite TODAY 04-26-11] Boeing saw a fairly significant fall in overall revenues for its Networks & Space Systems division in the first three months of 2012. This was one of the highlights of Boeing’s first quarter results announced, April 25.
The Networks & Space Systems segment of Boeing’s business generated $1.8 billion in revenues in the first three months of this year, a fall of 23 percent compared with the same period last year. Boeing said the fall in revenues was “driven by lower volume on Brigade Combat Team Modernization and timing on United Launch Alliance.”
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