Boeing sees improving financial markets
As airlines are focusing on strengthening their balance sheet, so too is Boeing, according to Executive Vice President and CFO James Bell, who spoke and the Bank of America/Merrill Lynch 2009 Global Industries Conference yesterday. Bell outlined how the company has adjusted production rates on the commercial side and is expanding products and services on the military side to cope with US military budget constraints as the Obama Administration focuses on coping with the twin rescues of the financial and auto industries.
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