NEW YORK (Standard&Poor's) April 23, 2008--Standard&Poor's Ratings Services said today that Boeing Co.'s (A+/Stable/A-1) strong first-quarter results have no impact on its ratings or outlook on the company. Boeing reported net income from continuing operations of $1,206 million for the quarter ended March 31, 2008, compared with net income of $873 million for the same period in 2007. Consolidated revenues were up 4%, as nine more commercial airplane deliveries increased segment sales moderately, which more than offset a slight decline in the integrated defense systems (IDS) segment revenues. Effective program execution and ongoing productivity gains enhanced operating profit margins in core businesses. Margins rose to 12% in the commercial airplane segment (the highest in many years),
