The Boeing Company has reported first-quarter net income of $0.6 billion ($0.78 per share) on revenue of $14.9 billion and reaffirmed its 2011 revenue, earnings per share and operating cash flow outlook.
"We're off to a good start in an important year for our company," said Jim McNerney, Boeing chairman, president and chief executive officer. "We delivered strong operating performance, made significant progress on 787 and 747-8 flight testing, and scored a major win on the US Air Force Tanker program.