Boeing raises 2012 guidance as deliveries pick up

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Boeing said its net income this year will be bigger than it had expected as deliveries of commercial airplanes picks up.

Higher pension expenses hurt Boeing’s third-quarter profit, but other measures for the company were strong. Profits rose in both its commercial and defense units. And it reaffirmed plans to deliver 585 to 600 commercial planes this year.

For the quarter that ended Sept. 30, Boeing’s net income fell 6 percent to $1.03 billion, from $1.1 billion a year ago. Revenue rose 13 percent to $20 billion.

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