Our results and improved outlook reflect a strong commitment to growth, expanding margins and improving how we do business every day.

Ultimately the final contract remained within the requirements of our No. 1 negotiating principle, which is enhancing our competitiveness.

It's essentially just a big hose.

Our hard point (bottom line) is stopping launch aid but there are other points to negotiate.

Lew shepherded Boeing with strength, grace, dignity and integrity through a period when the company most needed his steady hand. He was a compassionate man who put his own retirement and personal plans on the back burner to ensure that Boeing never missed a beat through its recent recovery.

Going forward, our strong market position and continued focus on growth and productivity should enable us to deliver financial results that reflect the quality of our people and our technologies.

The commercial airplane business is set to grow robustly over the next few years, driven by significant demand for airplanes in key growth markets around the world.

Bill Daley brings a wide range of experience with respect to business, finance and government. He has a proven record of leadership and will bring to the board valuable perspective in many important areas.