Boeing's Defense and Space Division Gets Q2 Boost from Military Aircraft Sales
Boeing’s headquarters. Photo: Boeing Boeing‘s Defense, Space & Security division reported $6.9 billion in revenue in its second quarter 2021 (Q2) financial results, a 4% bump from the same time period in 2020. Most of these gains, however, were for military aircraft — specifically the KC-46A Tanker and P-8A Poseidon. This revenue boost for the division came after a 19% revenue boost in Q1. For the first half (H1) 2021, Defense, Space & Security reported $14 billion in revenues, an 11% increase from the same time period in 2020. Backlog at Defense, Space & Security stands at $59 b...