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Business/Financial

Boeing Delivers Strong Earnings On Commercial, Defense Work

Defense Daily Staff

Thursday, July 25th, 2013

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Bolstered by strong demand for its commercial aircraft and solid operating performance in its commercial and defense businesses, Boeing [BA] yesterday reported handsome gains in its top and bottom lines and the world’s largest aerospace and defense company increased its guidance for the year. Net income rose 13 percent to $1.1 billion, $1.41 earnings per share (EPS), from $967 million (1.27 EPS), with contributions coming from both the commercial and defense segments. The results beat analysts’ estimates by 9 cents…

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