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Business/Financial

Boeing Passes $100 Billion In Annual Sales After Solid Fourth Quarter

By Cal Biesecker

Wednesday, January 30th, 2019

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Boeing Passes $100 Billion In Annual Sales After Solid Fourth Quarter

Boeing President and CEO Dennis Muilenburg. Photo: Boeing

Boeing [BA] in 2018 eclipsed the $100 billion revenue mark for the first time on strength across its operating segments and the company delivered a solid fourth quarter due to higher commercial aircraft deliveries, and increased volume in defense and services. Fourth quarter sales were also a record, up 14 percent to $28.3 billion from $24.8 billion a year ago, with all three operating segments enjoying double-digit percentage gains, Boeing reported on Wednesday. Commercial aircraft deliveries drove the increase, followed…

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