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Friday, February 01, 2013

International Orders Boost Boeing Defense

P-8I Neptune |Defense aircraft orders from international customers have grown to 41% of Boeing’s total backlog and account for 24% of Boeing Defense, Space & Security’s current backlog, the company reported in a 2012 earnings call Jan. 30.

Defense revenues were up 2% to $32.6 billion — compared to $49.1 billion for commercial aircraft — largely on the strength of a 10% growth at Boeing Military Aircraft.

There, production rates on AH-64D Apache and CH-47 Chinook helicopters have climbed, production started on the KC-46 tanker program and the company made its first delivery of P-8I maritime patrol aircraft to India.

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