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 and backlog of $312 billion is nearly five times current annual revenue projection. In regards to 2010 revenue, earnings per share and operating cash flow outlook unchanged.”
“Continued strong results from our major businesses drove another solid quarter of operational performance for the company, ” said Jim McNerney, Boeing chairman, president and chief executive officer. “We are making progress on key commercial and military development programs, our production programs and services businesses are running well, and our enterprise focus on productivity improvement is funding investment in growth while maintaining our financial strength.”
