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Commercial Aircraft, Defense Lead Boeing To Strong Third Quarter

By Cal Biesecker

Wednesday, October 22nd, 2014

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Commercial Aircraft, Defense Lead Boeing To Strong Third Quarter

Boeing's P-8. Photo: Boeing

Driven by strong operating profit in its defense business coupled with handsome sales and profit gains in its commercial aircraft segment, Boeing [BA] on Wednesday reported strong financial results in the third quarter. Boeing’s Defense, Space & Security segment drove an overall double-digit increase in earnings at the company on the back of its Military Aircraft business, which posted an 80 percent rise in operating profit to $440 million on improved program execution and slightly higher sales. Overall, earnings from…

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