Headline News
Republic Sales Drop; Fairchild Sets Record
Republic Aviation Corp.’s sales during 1953 dipped slightly to $411,810,885, compared with $412,235,088 the previous year, the firm’s annual report reveals. Net income, however, increased to $8,314,301 from 1952’s $8,096,001. Included in last year’s income was $700,000, estimated to be due Republic when negotiations on F-84 Thunderjet contracts are completed.