Boeing reports backlog of over 4,300 airplanes valued at $307bn at Q3

Boeing reported the third quarter of 2022 with a revenue of $16.0bn and an operating cash flow of $3.2bn. Boeing’s Q3 results reflect a higher commercial volume and losses on fixed-price defense development programs. Boeing showed an increase in cash and investments in marketable securities to $14.3bn as compared to 11.4bn at the start of the Q3. The company has access to credit facilities of $12.0 billion, which remain undrawn and the backlog at Q3 end was $381bn. Dave Calhoun, Boeing’s President and Chief Executive Officer, said: “We continue to make important strides in our turnaround and remain focused on our