WHAT'S BIGGER: Planes. Revenue from Boeing's commercial aircraft is expected to grow at least 30 percent. It plans at least 585 deliveries, up from 477 in 2011.
WHAT'S SMALLER: Defense. The U.S. and Europe are cutting military spending. Revenue in its defense unit is expected to fall roughly 5 percent this year.
WHAT'S NEXT: Not counting special items, Boeing predicted a 2012 profit above what analysts had been expecting. Company-wide revenue is expected to rise at least 13 percent.