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Its cockpit electronics were a messy hodgepodge of separate navigation, guidance, autopilot and weather systems--five or ten years behind the times.
FORBES: Top Gun
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Shares of the contract electronics manufacturer Flextronics are trading lower after hours Thursday after the company provided disappointing guidance for the fiscal fourth quarter ending in March.
FORBES: Flextronics Shares Slide As March Qtr Guide Disappoints
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As noted in an earlier post, the electronics distributor this morning reported strong results for the fiscal fourth quarter ended July 2, while providing slightly disappointing guidance for the first quarter.
FORBES: Avnet Shares Spike On Aggressive Stock Buyback Plan