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(From M2 Presswire)
Market Commentary on United Industrial Corporation (NYSE:UIC)
United Industrial Corporation, through its subsidiaries, engages in the design, production, and support of aerospace and defense systems in the United States and internationally. Its products include unmanned aircraft systems, training and simulation systems, automated aircraft test and maintenance equipment, armament systems, and aviation ground support equipment. The company also provides logistical and engineering services, as well as maintenance, repair, and overhaul services to its customers. United Industrial�s customers include the U.S. Department of Defense and its prime contractors, allied foreign government ministries of defense, commercial customers, and other U.S. federal agencies. The company was founded in 1910 and is headquartered in Hunt Valley, Maryland.
Shares were up 4% after fourth quarter profit increase.
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