Boeing profit rises on aero, arms sales

Typography

The world's largest plane-maker by sales, which is also the Pentagon's No. 2 supplier, reported quarterly profit of $1.03 billion, or $1.36 per share, compared with $989 million, or $1.29 per share, in the year-ago quarter.

NEW YORK (Reuters) - Boeing Co <BA.N> said on Wednesday fourth-quarter profit rose, helped by strong sales of its commercial aircraft.

The world's largest plane-maker by sales, which is also the Pentagon's No. 2 supplier, reported quarterly profit of $1.03 billion, or $1.36 per share, compared with $989 million, or $1.29 per share, in the year-ago quarter.

(Reporting by Bill Rigby; Editing by Steve Orlofsky)