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Strong Showing From Defense Business Helps Lift Boeing’s Third Quarter Results

Cal Biesecker By
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Strong Showing From Defense Business Helps Lift Boeing’s Third Quarter Results
Boeing’s F-15 Strike Eagle. Photo: Boeing

Boeing [BA] on Wednesday posted strong third quarter top and bottom line results with its commercial aircraft business driving the sales gains and its defense segment boosting earnings.Sales increased 9 percent to $25.8 billion from $23.8 billion a year ago due primarily to higher deliveries of commercial airplanes but also to contract negotiations on the F-15 aircraft and higher volume on NASA’s Commercial Crew Program to provide access to and from the International Space Station and low-Earth orbit.Net income climbed…

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