Boeing Raises 737 Production Rate To 42 Jets A Month; Total Backlog Rises To $682B

Boeing Company reported fourth quarter revenue of $23.9 billion, with GAAP earnings per share of $10.23, boosted by a $9.6 billion gain from the Digital Aviation Solutions transaction. The company increased its 737 production rate to 42 jets per month and achieved a record total backlog of $682 billion, driven by 1,173 net orders for Commercial Airplanes. Additionally, the 787 program is transitioning to a production rate of eight per month, while the 777X program is progressing towards its first delivery expected in 2027.