Boeing's CFO Forecasts Strong Recovery Amid Improved Deliveries and Defense Performance

Boeing shares rose 10% after CFO Jay Malave said the company's recovery is "in full force." Malave highlighted plans to complete the acquisition of Spirit AeroSystems by year-end, increased deliveries for 737 and 787 aircraft in 2026, and a $2 billion free cash outflow for 2025. The defense division is on track to generate high single-digit margins, and a $10 billion long-term cash goal is attainable. Malave acknowledged the company is not yet in a position to return capital to investors.