Brendan McGarry writes the airplane maker had a 6-percent revenue increase from fiscal 2012 to $86.6 billion last year, and a 20-percent profit increase year-over-year to $7.07 earnings per share.
Jim McNerney, Boeing chairman and chief executive officer, noted the performance of the company’s defense arm in particular, which posted earnings of $33.2 billion, a 2-percent increase.
“Our Defense, Space & Security unit overcame a tough operating environment to record expanded revenue, earnings and margins, ” he said.
McGarry notes sales in the network and space systems and global services and support segments increased 8 percent and 1 percent, respectively.