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Boeing Narrows Third-Quarter Losses on Rising Defense Sales

The aerospace giant reported improved quarterly results driven by defense revenue, though investor focus remains fixed on 737 Max production.


An Icelandair Boeing 737-8 MAX on approach to Berlin Brandenburg Airport, 2024
An Icelandair Boeing 737-8 MAX on approach to Berlin Brandenburg Airport, 2024 · Photo: MarcelX42 · CC BY-SA 4.0 · Wikimedia Commons

American aerospace manufacturer Boeing narrowed its losses in the third quarter, CNBC and newspaper Naftemporiki reported. According to the reports, the improvement in the company's financial performance was driven by an increase in revenue recorded in its defense division.

Alongside the recovery across its defense and military operations, the attention of investors and the aviation market remains primarily focused on the production outlook and delivery rates for the 737 Max passenger jet.

Full numerical figures regarding the exact loss and further details on future production projections have not yet been released.

Sources: Naftemporiki, CNBC Markets

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