"...Net loss for the quarter totaled $3.3 billion, compared with a net loss of $1.5 billion for the same quarter one year ago. Results for the quarter were affected by unfavorable noncash workers’ compensation adjustments of $1.2 billion, due to actuarial revaluation and discount rate change factors that are not controllable by the Postal Service; increased compensation and benefits expense of $449 million; and higher other operating expenses of $124 million, partially offset by lower transportation expenses of $116 million. “As we mark 250 years of service to the nation, our organization continues to face economic headwinds. We are working diligently to control costs..."
Reference: usps.com
Pentagon awards Lockheed Martin contract for newest F-35s
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Pentagon awards contract for newest F-35s Snippet of Article: "...Pentagon
on Monday awarded Lockheed Martin a $12.5 billion contract for nearly 300
of the...