Boeing narrows loss on higher defense sales, targets Max production increase for late 2027

Boeing reported a third-quarter net loss of $116 million, a significant improvement from a $5.34 billion loss a year earlier, driven by a 15% increase in defense revenue. CEO Kelly Ortberg stated the company targets raising 737 Max production to 52 aircraft per month by late 2027, up from the current rate of 47, while focusing on stabilizing operations and improving efficiency.

Source: Boeing narrows loss on higher defense sales, targets Max production increase for late 2027 — CNBC

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Topics: boeing · earnings · aviation · 737max · defense · stockmarket