Boeing announced record first-quarter earnings of $1.21 billion, up 38% from $877 million reported in the year-ago period, on a 4% increase in sales to $15.99 billion. Despite hiccups in the 787 program, Chairman, President and CEO Jim McNerney said the company was "off to a good start" in what he expects to be "another strong year." Total company backlog as of March 31 reached a record $346 billion, up 32% year-over-year, with growth driven by commercial airplane and V-22 multiyear ...

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