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Boeing Defense, Security & Space 2Q Revenue Grows on Higher Volume
Boeing Co. (NYSE: BA) reported financial results for the second quarter of its 2012 year Wednesday, reporting revenue growth in both of its major businesses compared to the same period in 2011.
Quarterly Defense, Security & Space revenue grew 7 percent over the second quarter of 2011 as:
military aircraft revenue rose 13 percent to $4.13 billion...
Report: Boeing Gives Non-Execs 20% More in 2011 Bonuses
Boeing (NYSE: BA) is giving nonexecutive white-collar employees a 20 percent increase in their 2011 bonuses, the Seattle Times reports.
Starting Feb. 16, the company will pay $605.1 million to 109,993 employees, or nearly $5,500 per worker.
The announcement comes after the company released its financial results on Jan. 25, reporting a $4 billion profit...
Boeing Names Former Continental CEO Larry Kellner as Board Director; Jim McNerney Comments
Boeing‘s (NYSE: BA) board of directors has appointed Lark Kellner as a new director of the board, where he will serve on the audit and finance committees.
Kellner, 52, is president of Houston-based private equity firm Emerald Creek Group and served as CEO of Continental Airlines from 2004 through 2009.
He at different times served as the airline’s...
Boeing, Northrop to Release Quarterly Financial Results July 27
Northrop Grumman (NYSE: NOC) will announce its second-quarter 2011 financial results July 27, 2011.
The company will hold a conference call that day at 11:30 a.m. EST, which will be webcast live on Northrop Grumman’s website. Participants will include President and CEO Wes Bush and CFO Jim Palmer.
Boeing Company (NYSE: BA) will release its...
Boeing Board Declares Dividend of 42 Cents Per Share
Boeing (NYSE: BA) Chairman, President and CEO Jim McNerney reports the company’s board of directors has declared a regular quarterly dividend of 42 cents per share.
As of noon Tuesday, June 28, Boeing was trading at $72.08 per share.
The dividend is payable Sept. 2, 2011, to shareholders of record as of Aug. 12, 2011.
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Boeing Rolls Out Fiscal Numbers
Boeing (NYSE: BA) released the following fiscal information: “Second-quarter earnings per share of $1.06 on operating margin of 8.4 percent and revenue of $15.6 billion, with operating cash flow of $0.3 billion reflects continued investments in development programs. Also, cash and marketable securities of $10.0 billion provides strong liquidity...
Boeing CEO Jim McNerney Set to Speak at Strategic Decisions Conference June 3
According to Boeing (NYSE: BA), Chairman, President and Chief Executive Officer Jim McNerney will speak at the 26th Annual Sanford C. Bernstein Strategic Decisions Conference in New York on June 3rd at 2 p.m.
McNerney’s remarks will be broadcast live at www.boeing.com. The firm encourages individuals to check the website prior to the event to ensure...
Boeing Boss Jim McNerney Named to Obama’s Export Council
Boeing (NYSE: BA) Chairman, President and Chief Executive Officer Jim McNerney has been appointed to President Obama’s Export Council.
“I am honored that President Obama has asked me to chair the President’s Export Council,” said McNerney. “I look forward to working with Vice Chair Ursula Burns and other members of the...






