Boeing Defense Unit Sees Growth as Programs Move Toward Production
Boeing’s Defense, Space & Security segment grew in Q2 2026, with revenues up 13% year over year to $7.5 billion, supported by higher portfolio volume and a backlog where 27% of orders come from outside the United States. Multiple programs are transitioning to production, including MQ-25A Milestone C and low-rate initial production, plus PAC-3 Seeker expansion and Rheinmetall partnership activity for Germany. Earnings estimates for 2026–2027 point to major improvement.