IT services company Amor Group has reported a fall in profits and turnover during the year it was acquired by Lockheed Martin.
Annual accounts filed at Companies House by Lockheed Martin Business Technology Solutions, Amor until the deal in September last year, show pre-tax profit of £3.7m, down from £4.36m.
That came as revenue dropped from £59.2m to £55.2m in 2013. The fall was attributed to a large sale of equipment to one client in the prior year not being repeated.
The highest paid director received £603,000, which was up from £108,000. Overall directors' remuneration rose from £934,000 to almost £1.2m.
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