{"id":62508,"date":"2019-04-27T01:26:44","date_gmt":"2019-04-26T17:26:44","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/boeing-defense-space-and-security-revenues-remain-stable-in-q1\/"},"modified":"2019-04-27T01:26:44","modified_gmt":"2019-04-26T17:26:44","slug":"boeing-defense-space-and-security-revenues-remain-stable-in-q1","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/boeing-defense-space-and-security-revenues-remain-stable-in-q1\/","title":{"rendered":"Boeing Defense, Space, and Security Revenues Remain Stable in Q1"},"content":{"rendered":"<\/p>\n<p><strong>Boeing<\/strong> reported its Q1 results, in which its Defense, Space, and Security segment saw revenue increase to&nbsp;$6.6 billion, a 2 percent increase compared to the same period last year. According to the release, this is&nbsp;primarily driven by higher volume across satellites, weapons, and surveillance aircraft partially offset by lower C-17 volume. First-quarter operating margin increased to 12.8 percent reflecting a gain on sale of property partially offset by unfavorable mix.<\/p>\n<p>During the quarter, Defense, Space, and Security was awarded a multi-year contract for 78 F\/A-18 Super Hornets for the <strong>U.S. Navy<\/strong> as well as contracts for five Extra Large Unmanned Undersea Vehicles for the U.S. Navy, 5 E-7 AEW&amp;C aircraft for the <strong>U.K. Royal Air Force<\/strong>, and 19 P-8 Poseidon aircraft for the U.S. Navy, <strong>Royal Norwegian Air Force<\/strong>, and U.K.&nbsp;Royal Air Force. Key milestones achieved during the quarter included completion of the first Ground-based Midcourse Defense test with two interceptors, successful environmental testing of the Commercial Crew spacecraft, and the first flight of the SB&gt;1 DEFIANT helicopter. Defense, Space, and Security also delivered the first 7 KC-46 Tankers to the U.S. Air Force.<\/p>\n<p>Defense, Space, and Security booked orders valued at&nbsp;$12 billion&nbsp;during the quarter and backlog grew to&nbsp;$67 billion, of which 31 percent represents orders from customers outside the U.S.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing reported its Q1 results, in which its Defense, Space, and Security segment saw revenue increase to&nbsp;$6.6 billion, a 2 percent increase compared to the same period last year. According to the release, this is&nbsp;primarily driven by higher volume across satellites, weapons, and surveillance aircraft partially offset by lower C-17 volume. First-quarter operating margin increased [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62509,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-62508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/62508"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=62508"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/62508\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/62509"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=62508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=62508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=62508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}