Boeing's Defense Business Surges 13% Amid Growing Global Demand

Boeing's defense business is gaining traction as the company's Defense, Space & Security (BDS) segment saw a 13% year-over-year increase in revenues to $7.5 billion in the second quarter of 2026.

This growth is largely driven by higher volume across the portfolio, and Boeing's sizeable defense backlog provides significant revenue visibility for several years.

The company's BDS segment ended the second quarter with approximately $85 billion in backlog, with 27% representing orders from customers outside the United States. This diversified pipeline of contracted work supports Boeing's exposure to international defense demand.