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Boeing’s Q3 Revenue Rises Amid 777X Challenges

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Boeing’s Q3 Revenue Rises Amid 777X Challenges

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Boeing ( (BA) ) has provided an announcement.

Boeing reported a third-quarter revenue increase to $23.3 billion, driven by improved operational performance and higher commercial deliveries. Despite a significant $4.9 billion charge related to the 777X program affecting earnings, the company achieved positive free cash flow and increased its backlog to $636 billion. Boeing also announced plans to increase 737 production to 42 per month, reflecting a strategic move to enhance its market position.

More about Boeing

Boeing is a leading aerospace company that manufactures commercial airplanes, defense, space, and security systems. It is a major player in the aerospace industry with a focus on innovation and quality in its products and services.

See more data about BA stock on TipRanks’ Stock Analysis page.

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