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Boeing Net Falls On Healthcare Charge; Sales Down In Commercial, Defense

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By Calvin Biesecker Boeing [BA] yesterday posted a drop in first quarter net income due to an earlier reported charge stemming from a new healthcare law and sales slipped due to fewer commercial aircraft deliveries and lower volume on combat systems and missile defense systems. While net income fell on the charge, operating earnings were actually strong due to performance improvements at Boeing's Commercial Airplane business, which rebounded from hefty charges a year ago related to a decision to reduce…

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