- The company's fourth quarter profits fell 43% and revenue from its aerospace unit fell $100 million as it delivered 302 planes compared to 349 the previous year. It also laid off 5,000 employees in its aerospace division. - Major players in the aerospace industry signed a £130 million deal to build a manufacturing center to improve techniques and lower costs with involvement from universities. - The company contributed $500,000 to research labs for a new aerospace engineering bachelor's degree program that selected 60 students out of 160 applicants, providing hands-on training with cluster members.