Boeing 'poised' for growth, leaders say

Boeing executives told a group of securities analysts and investors last month that the company is "poised" for strong performance in 2005 and 2006.

"We have the right strategy, we are executing to that strategy and we are poised to take Boeing to new levels of financial performance," said James Bell, Boeing president, CEO and chief financial officer at the 2005 Annual Investors Conference, held May 24 in Seattle.

Bell told attendees that shareholder return has increased 43 percent in the past year. He also said that Boeing is making the changes to compete and is investing for future growth.

Boeing Chairman Lew Platt added: "If strategy is about choices, the Board and I are confident Boeing has made the right ones to ensure current and future competitiveness. We're gaining momentum at just the right moment."

Attendees at the annual event included representatives of institutional investors that own Boeing stock, as well as analysts who help shape the market's perception of the company.