Sign In
Search
Business/Financial

Boeing’s Profits Soar On Strong Performance In Defense And Commercial Businesses

Defense Daily Staff Defense Daily Staff
SHARE:

Despite modest growth in sales, Boeing [BA] yesterday posted strong third quarter earnings driven by improved performance in its defense business and to a lesser extent its commercial aircraft operations. Net income jumped 31 percent to $1.1 billion, $1.46 earnings per share (EPS), versus $837 million ($1.12 EPS) a year ago, smashing analysts’ expectations of $1.10 EPS. Sales increased 4 percent to $17.7 billion from $17 billion. The strong earnings performance led Boeing to increase its EPS guidance for 2011…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Navy/USMC

“Wartime Footing” Message Not Reaching Some In Industry, Phelan Says

Business/Financial

Lockheed Martin, Saildrone Eye Missile Launch From USV This Summer During RIMPAC

Advanced / Transformational Technology

DIU, DAWG, Navy Launch $100 Million Challenge For Autonomous System Control

Army

SNC Buys A Fourth Global 6500 Jet To Be First Non-Prototype For Army’s HADES Program

Trending

Record F-35 Deliveries, PAC-3 Production Framework Show Lockheed Martin Stepping Up, Hegseth Says
DHS Creates Program Executive Office for Drone and Counter-Drone Systems
SpaceX Wins String Of Launches For NSSL Phase 3, Lane 1
Department Of The Air Force Gets In Line With Hegseth Acquisition Reform Plan
Trump Directive Halts Dividends, Stock Repurchases By “Major Defense Contractors”

Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…

M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…

Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…

Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume