Boeing now has orders for 4,373 planes that it hasn't built yet — the most in its history. Although it likes to have a sizeable backlog, Boeing executives have said the current backlog is too high and it has been speeding up production to bring it down.
"We have huge opportunity ahead of us if we execute on our commitments," said the head of Boeing's commercial airplane division, Ray Conner, in a message to employees. "We know we have the right products and we've proven we know how to increase rates."
On its defense side, Boeing delivered 51 Chinook cargo helicopters, up from 32 in 2011. There were 48 deliveries of the F-18 fighter-bomber and variants, one less than in 2011. C-17 cargo plane deliveries fell to 10, from 13 a year earlier.
Boeing shares rose 89 cents to $77.96 in afternoon trading.
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