As Boeing's 737 MAX problems started in 2018 and all 737 MAX were grounded in 2019, I'd be surprised if these figures are already reflecting a considerable drop in Boeing's revenue from commercial planes.
That's when potential customers start to say "hell no, get me Airbus' number" and Boeing's revenue from commercial planes starts to tank.
I’m no fan of Boeing, but they’ve been focusing on the military for a very long time.
But it feels like they aren't succeeding. Didn't Boeing lose out on all the advanced fighter competitions to Lockheed, so all their fighters are last generation and headed for obsolescence? I'm also under the impression that the ULA is losing to SpaceX pretty badly (but maybe the government is pumping money into it for reasons, I don't really follow too closely).
You _can_ make money hand over fist working with the US military, but winning giant money printing contracts is easier said than done. It’s a super volatile industry that Boeing unsurprisingly limits their exposure to.
Discussing anything related to the US military on HN can be frustrating, and the recent surge of “Boeing only really cares about their cash cow, defense” comments is no different.