What Happened
Aerospace Giant Sees Higher Defense And Services Volumes
The Boeing Company reported a wider-than-expected loss in the third quarter of 2026, with an adjusted loss of 34 cents per share. However, revenue increased 3.9% year over year to $24.19 billion, driven by higher defense and services volumes. The company’s backlog totaled $745.43 billion, up from $682.21 billion in 2025. The Commercial Airplanes segment saw a 3% decline in revenue, while the Boeing Defense, Space & Security segment recorded 15% year-over-year growth. This article was first reported by Zacks Investment Research.