AFP
First Quarter Statements by Boeing, Lockheed

First Quarter Statements by Boeing, Lockheed 28 April, 2017

Boeing and Lockheed Martin announced the turnover and net profits of the first three months of the year. According to the results, Lockheed's net profit in the first quarter of the year decreased by 15 percent compared to the same period in 2016. The company announced a net profit of $898 million in the first quarter of 2016, which has fallen to $763 million this year. However, the company's output increased by 6,6 percent from $10,37 billion to $11,06 billion.

Boeing's net profit rose by 18,8 percent to $1,45 billion, while the turnover declined by 7,3 percent to $20,98 billion.

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