Boeing’s defense and space business is in recovery mode after suffering a series of setbacks due to fixed-price development contracts. It is not alone. The business has embarked on a path to sustained profitability that includes increased sales to foreign customers, and 2023 was a bit of a banner year. Boeing accounted for over a third of all U.S. Foreign Military Sales revenues last year. I have written a commentary for Forbes here.
Find Archived Articles: