The Boeing Co. reported fourth-quarter revenue of $23.3 billion, buoyed in part by commercial airplanes, which saw higher planned delivery volume and mix.
Commercial airplanes, including the 500th大调的787梦幻客机交付,预定288年净订单ing the quarter, with a backlog of more than 5,700 airplanes valued at $416 billion. Commercial airplanes saw fourth-quarter revenue increased to $16.2 billion.
During the quarter, Boeing began the final assembly of its first 787-10 aircraft. Additionally, its 737 program captured more than 3,600 orders for the 787 MAX, including 737 MAX 8 orders from GE Capital Aviation Services for 75 airplanes and from SpiceJet for 100 airplanes, Boeing reports.
Revenue was $94.6 billion for the full year.
Guidance for 2017 was set at between $10.25 and $10.45 for GAAP earnings per share and between $9.10 and $9.30 for core earnings per share on a non-GAAP basis.
“With solid fourth-quarter operating performance and a sharp strategic focus, we extended our aerospace market leadership in our centennial year and positioned Boeing for continued growth and success in our second century,” says Dennis Muilenburg, Boeing’s chairman, president, and chief executive officer.
“We led the industry in commercial airplane deliveries for the fifth consecutive year, achieved healthy sales in our defense, space, and services segments, and produced record operating cash flow, which fueled investment in innovation and our people and generated significant returns to shareholders.”
Filed Under:Aerospace + defense
