The division, with a string of big write-offs, leads the aviation giant in red ink.
In its latest tale of woe on Wednesday, Boeing
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“Defense stinks it up again,” summed up analyst Robert Stallard of Vertical Research Partners. Boeing Defense & Space logged a $924 million loss from operations in the three months ending with September, largely courtesy of the latest in a string of big write-offs, making BDS the biggest contributor to Boeing’s $1.63 billion in red ink.
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