Aircraft Division, with a focus on the production of light helicopters.
Analysts are also not especially concerned about the financial health of the aircraft division.
The company did not elaborate except to say that the charge was taken in its aircraft division.
The military aircraft division earned $77 million in 1992, compared with $404 million the year before.
The aircraft manufacturing division was sold in 1987 as the company moved to focusing its resources on aerospace and defense components.
Aircraft Division could not meet the contractual production demands.
Aircraft Division was founded in 1924, and did not fare well during the Depression.
Losses from the aircraft division totaled six million dollars.
The Northrop Corporation said it would cut about 2,000 jobs in its aircraft division by the end of the year.
My aircraft division has already laid the keel of one even larger than Quinn's.
