Boeing Reports

Boeing(BA) says its 787 Dreamliner is moving right along on plan.They remain highly confident,and believe the U.S. General Accounting Office will be favorable in its review of an Air Force decision to award a tanker contract to Northrop Grumman/EADS.First quarter sales were up 3% and operating margins were up 7.2%.For 2009,sales are projected to be up 7% and operating margins up 10.5%.Over 80% of Boeing's backlog is from outside the U.S.-especially from China and India.There are almost 900 orders for the 787-more than for any plane in Boeing's past.