Aerospace and defense contractor Boeing saw a 92 percent rise in its fourth-quarter profit and a 9 percent jump in revenue, as customer deliveries soared to new heights.
Boeing (NYSE: BA) reported quarterly revenue totaling $25.37 billion.
On the year, company profit climbed 68 percent to $8.2 billion, despite a 1 percent dip in 12-month revenue to $95.57 billion.
“Our teams delivered a record year of financial and operational performance, as they focused on disciplined execution of production and development programs, growing services and delivering value to customers,” CEO Dennis Muilenburg said after the financial results were launched prior to market trading on Jan. 31.
Boeing shares have been flirting with record highs in recent sessions, gaining 68 cents to close at $349.59 on Feb. 1.