United Defense posts 4Q earnings, but 53 percent decline for year

United Defense, maker of missile launchers, artillery guns and precision munitions, reported fourth quarter 2001 net earnings of $6 million, compared with $3.7 million for the same period in 2000. However, earnings for the year fell from $18.8 million in 2000 to $8.8 million for 2001. Company...

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