Mar 07th 2013 - Edison Investment Research today published a report on update entitled "Batteries Included". In summary, the report says:
Following a visit to Boeing’s Chicago HQ, we provide an update on current performance drivers, opportunities and risks. While the current issues on 787 and sequestration provide some concern, the broad product portfolio, long-term demand in commercial aerospace, focus on operational efficiency and increasing international reach in defence provide clear drivers for sustained growth. 2012 was the second-best year for order intake ever and 601 aircraft were delivered as five programmes successfully undertook rate increases, driving 19% revenue growth. The group is working through current issues on 787 and a plan for a permanent fix has been submitted to the FAA for approval, after which the full cost impact will be understood. The target thereafter will be to reach a...
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