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Boeing’s defense business is booming at a time when airplanes are disappointing

Boeing’s stock jumped Wednesday, as a partnership with the Trump administration on PAC-3 interceptor missiles provided a boost to the company’s defense business, which saw revenue rise well above expectations.

This article was originally published by MarketWatch and is republished here under license.

Boeing’s stock jumped Wednesday, as a partnership with the Trump administration on PAC-3 interceptor missiles provided a boost to the company’s defense business, which saw revenue rise well above expectations.

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