Boeing has revealed a major expansion in international defence sales over the past decade, with increasing emphasis on emerging markets in the Asia-Pacific region and Middle East.
In comments to Jane’s at the recent Singapore Airshow, Gene Cunningham, vice-president of Boeing Defense, Space & Security, said the company’s defence-related exports had now climbed to 30% of its total defence revenues. A decade ago, he said, exports were worth only around 7% of Boeing’s defence revenues.
Boeing announced in late January that its total revenues for 2017 were USD93.3 billion, a 1% decline compared with 2016. The corporation’s defence revenues for 2017 accounted for about 23% of total revenues – or USD21.1 billion, which represented a year-on-year decline of 7%.
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