CONTENT PREVIEW
Industry

Boeing confirms SuperHornet production could extend well into the next decade

26 April 2018

Boeing recorded strong first-quarter sales, earnings, and shipments numbers, it was announced on 25 April.

The company also upgraded its guidance for the coming year, in part due to a promising outlook for its Defense, Space and Security division.

“We are very encouraged by the strength of the US defence budget,” said Dennis Muilenburg, the company’s CEO, in a call with analysts.

“After having to endure the damage of several years of sequestration we are encouraged by the (multi)-year plans going forward.”

Boeing’s Defence, Space and Security division’s revenues, profit margins, and bookings all came in strong at USD5.8 billion; 11.3% and USD12 billion respectively.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihs.com/contact





(129 of 418 words)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT