	spar sees sees strong five year growth spar aerospace ltd reporting a sharply lower profit said it anticipated solid profit and revenue growth during the next five years looking to the longer term spar is confident that its continuing concentration on advanced robotics satellite based communications and electro optical defense systems will lead to significant growth in revenues and ings over the next five years the company said it also forecast higher sales due to an increased order backlog revenues last year fell to mln dlrs from mln while profit fell to mln dlrs from mln spar added that lower development costs in the communications group and a return to normal operations in gears and transmissions and aviation services will remove a serious drain on profits this year it attributed its reduced ings to communications group losses resulting from continued heavy investment in new products and market development a four month strike at its toronto plants and delays in receipt of authorization from customers to start work on new programs reuter 
