On the same day that it announced a 23% drop in operating profit in its defense business amid shrinking margins, Boeing Co. received some good news. U.S. officials announced a $60-billion set of Foreign Military Sales to Saudi Arabia that includes updated Boeing F-15 fighter jets. “I would not characterize the prospects ahead of us in defense as wild-eyed growth, but I would suggest there is an opportunity to grow, with international [sales] and adjacent [markets] leading the way,” CEO James ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "Amid Budget Declines, Defense Contractors Search For New Markets".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.