Boeing Defense, Space and Security rises 19% in one year

First quarter balance

Manufacture of a P-8A Poseidon. Photo: Boeing

Defense, Space and Security Activity of the North American Space Giant Boeing It issued $ 7.185 million during the first quarter of this year. For the same period of the previous year (January to March 2019), it represents an increase of 19%. With this result, the defense sector is the second largest in this sector in the world (in 2019 its turnover in this field was 34.3 billion euros, only surpassed by it). Lockheed Martin –56,606 million – according to the accounts registered with Defense News).

Income from a split Defense, Space and SecurityAs the aforementioned company’s activity was consolidated, the aforementioned 7,185 million added, while the operating margin increased to 5.6%. The company states on its balance sheet that this data “mainly reflects the increase in income from [avión cisterna] Tanker KC-46A Given 27 requests from this model and a lack of program-related provisions, the effect is partially offset by a $ 318 million pre-tax saving for the program. VC-25B [de reemplazo del avión presidencial estadounidense Air Force One], Largely due to the impacts of COVID-19 and performance problems of an essential resource. “

Plus 27 KC-46A, Corresponding to Stories 6 and 7 of Arranged United States Air Force (US Air Force), During the indicated first quarter of the year, Boeing Sold 11 patrol aircraft P-8A Poseidon, Destined for the US Navy (American Navy) s Royal Australian Air ForceAnd six convertibles (inclined rotary plane) Bell Boeing V-22 Osprey For the US Navy and US Air Force.

On the other hand, during the same period, this business division was able to complete the first flight and deliver [avión de combate] The F-15EX For the United States Air Force. He successfully conducted the hot test (the concept known as Hot fire) From the Space Launch System Green run, And began manufacturing an advanced training aircraft T-7A Red HawkAlso for the USAF. Other notable events in the first quarter include the drone’s first flight Wing loyalty For the Royal Australian Air Force and the first flight of the aircraft KC-46 tanker from Japan.

The Defense, Space and Security Division order book has a value of $ 61,000 million, of which 31 percent corresponds to export commitments.

In total, Boeing sales reached $ 15,217 million between January and March, a 10% decrease compared to the same period the previous year, largely as a result of the global COVID-19 pandemic attack, which has particularly hit civil aviation activity.

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