Boeing profits rise
Posted: Thu, Jul 26, 2007, 8:29 AM ET (1229 GMT)
The division of The Boeing Company that incorporates its space ventures reported increased profits despite flat revenues, the company reported Wednesday. The Network and Space Systems division of Boeing Integrated Defense Systems had earnings of $256 million on $2.94 billion in revenues for the second quarter of 2007, compared to $108 million in earnings on $2.94 billion in revenues for the same quarter of 2006. The company said that a loss in revenues caused by the shift of Delta government launches to the United Launch Alliance was offset by other items, including a commercial Delta 2 launch in the second quarter. Boeing overall reported net income of $1.1 billion on $17.0 billion in revenues for the second quarter.
The division of The Boeing Company that incorporates its space ventures reported increased profits despite flat revenues, the company reported Wednesday. The Network and Space Systems division of Boeing Integrated Defense Systems had earnings of $256 million on $2.94 billion in revenues for the second quarter of 2007, compared to $108 million in earnings on $2.94 billion in revenues for the same quarter of 2006. The company said that a loss in revenues caused by the shift of Delta government launches to the United Launch Alliance was offset by other items, including a commercial Delta 2 launch in the second quarter. Boeing overall reported net income of $1.1 billion on $17.0 billion in revenues for the second quarter.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
NASA IG cites overconfidence and unrealistic schedules for Starliner woes
Posted: Sat, Jul 4 8:11 PM ET (0011 GMT) |
|
news links
|
|
Saturday, July 11
Philippines looks to space for bird’s-eye view of South China Sea threats
South China Morning Post — 12:57 am ET (0457 GMT) Space Force officially has its own weapon for taking out satellites
Task & Purpose — 12:57 am ET (0457 GMT) A Jupiter-size planet that escaped its star’s death
Ars Technica — 12:50 am ET (0450 GMT) Space Force aligns for wartime footing with third tranche of PAEs
US Space Force — 12:47 am ET (0447 GMT) Parabilis tests propulsion system for maneuverable cubesats
Space News — 12:43 am ET (0443 GMT) |
