Atlanta, GA 4/25/12 ( StreetBeat ) -- Boeing Co ( NYSE:BA ), the world's largest aerospace and defense company, posted a higher quarterly net profit on Wednesday, helped by an increase in commercial airplane deliveries, and raised its earnings forecast for the year. The company said its first-quarter net profit was $923 million, or $1.22 per share, compared with $586 million, or 78 cents per share, a year earlier. The company, which competes with EADS unit Airbus for orders, said revenue rose 30 percent to $19.4 billion, topping expectations for $18.4 billion. The company said its order backlog at the end of the quarter was $380 billion, up from $356 billion at the beginning of the year. The company increased its profit forecast for 2012 to a range of $4.15 per share to $4.35 per share. The previous upper end of the range had been $4.25 per share. The company reaffirmed its 2012 revenue outlook, which is in a range of $78 billion to $80 billion. Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling. StreetBeat Disclaimer Distributed by Viestly