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EARNINGS

October 27, 1987

Boeing's income fell 33.7% to $104 million in the third quarter, compared to the year-ago period. The Seattle-based company attributed the lower results to higher levels of research, development, product improvement and other new business expenses relating to commercial jet transport aircraft and electronics; higher production costs, including the impact of the recently settled strike; increased cost-share expenditures on government contracts, and technical problems on several military aircraft programs.

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