Boeing's Back in the Defense Business With a Big $131.2 Billion Order for New F-15 Fighters
Boeing's once-beleaguered defense business may drive future profits at the aerospace giant.
Overview
Civilian airplane builder Boeing's (NYSE: BA) on-again, off-again defense business is on once again raking in big contracts -- and earning money on them.
As recently as 2024, Boeing was in the dumps. Boeing reported $12 billion in losses that year, with both its civilian commercial airplanes division and its military-focused defense, space, and security (BDS) unit deeply in the red. The company burned through more than $14 billion in negative free cash flow.
Details
But what a difference a year makes -- and what a bigger difference two years can make!
Source
Originally published at www.fool.com.
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