{"id":63765,"date":"2018-10-24T23:45:05","date_gmt":"2018-10-24T15:45:05","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/boeing-defense-space-and-security-q3-revenue-increases-to-5-7-billion\/"},"modified":"2018-10-24T23:45:05","modified_gmt":"2018-10-24T15:45:05","slug":"boeing-defense-space-and-security-q3-revenue-increases-to-5-7-billion","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/boeing-defense-space-and-security-q3-revenue-increases-to-5-7-billion\/","title":{"rendered":"Boeing Defense, Space, and Security Q3 Revenue Increases to $5.7 Billion"},"content":{"rendered":"<\/p>\n<p><strong>Boeing<\/strong> Defense, Space, and Security third-quarter revenue increased to $5.7 billion. According to the release, this was driven by increased volume across government satellites, KC-46 Tanker, F\/A-18 and weapons. Third-quarter operating margin was 4.3 percent, primarily reflecting $691 million of charges related to planned investments in the T-X and MQ-25 programs, and $64 million related to cost growth on the KC-46 Tanker program.<\/p>\n<p>During the quarter, Defense, Space, and Security won key franchise program awards including the T-X Trainer and MH-139 helicopter for the U.S. Air Force, the MQ-25 unmanned aircraft for the U.S. Navy, and the fourth KC-46 Tanker production lot. Significant milestones during the quarter included first flights of the Apache and Chinook for the <strong>Indian Air Force<\/strong> and receipt of Supplemental Type Certification for the KC-46 Tanker program, signifying completion of <strong>Federal Aviation Administration<\/strong> (FAA) certification. Boeing also acquired of <strong>Millennium Space Systems<\/strong>, to provide customers with small-satellite technologies and solutions.<\/p>\n<p>Backlog at Defense, Space, and Security was $58 billion, of which 31 percent represents orders from customers outside the United States. Defense, Space, and Security revenue guidance increased to between $22.5 and $23.0 billion from between $22.0 and $23.0 billion, driven by higher volume and margin guidance, and is adjusted to greater than 6.5 percent from between 10 percent and 10.5% primarily to account for the investments in the business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing Defense, Space, and Security third-quarter revenue increased to $5.7 billion. According to the release, this was driven by increased volume across government satellites, KC-46 Tanker, F\/A-18 and weapons. Third-quarter operating margin was 4.3 percent, primarily reflecting $691 million of charges related to planned investments in the T-X and MQ-25 programs, and $64 million related [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":63766,"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-63765","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\/63765"}],"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=63765"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/63766"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=63765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=63765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=63765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}