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Boeing reports jump in 1Q profits, lifts 2018 forecast

New York (AFP) – Boeing reported a surge in first-quarter profits Wednesday and lifted its full-year earnings forecast following a strong performance in commercial aviation and defense programs.

The aerospace giant reported earnings of $2.5 billion, up 56.9 percent from the year-ago period. Revenues rose 6.5 percent to $23.4 billion.

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