The Boeing Company
The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide.
The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the second-largest defense contractor in the world based on 2018 revenue, and is the largest exporter in the United States by dollar value.
Boeing stock is included in the Dow Jones Industrial Average. Boeing is incorporated in Delaware.
Boeing was founded by William Boeing in Seattle, Washington on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. Then chairman and CEO of Boeing, Philip M. Condit, assumed those roles in the combined company, while Harry Stonecipher, former CEO of McDonnell Douglas, became president and COO.
The Boeing Company has its corporate headquarters in Chicago, Illinois. Boeing is organized into five primary divisions: Boeing Commercial Airplanes (BCA); Boeing Defense, Space & Security (BDS); Engineering, Operations & Technology; Boeing Capital; and Boeing Shared Services Group. In 2019, Boeing recorded US$ 76.6 billion in sales. Boeing is ranked 40th on the Fortune magazine “Fortune 500” list (2019), and ranked 121th on the “Fortune Global 500” list (2020).
In 2019, Boeing’s global reputation, commercial business, and financial rating suffered after the 737 MAX was grounded worldwide following two fatal crashes in late 2018 and early 2019.
Traded as:
- NYSE: BA
- DJIA Component
- S&P 100 Component
- S&P 500 Component
Industry: Aerospace; Defense
Founded: July 15, 1916; 104 years ago (as Pacific Aero Products Co.) Seattle, Washington, U.S.
Founder: William E. Boeing
Headquarters: Boeing International Headquarters, Chicago, Illinois, U.S.
Products:
- Commercial aircraft
- Military aircraft
- Satellites
- Space vehicles and launchers
Divisions:
- Boeing Commercial Airplanes
- Boeing Defense, Space & Security
- Boeing Capital
- Engineering, Operations & Technology
- Boeing Shared Services Group
Subsidiaries:
- Aurora Flight Sciences
- Aviall Services
- Boeing Aircraft Holding Company
- Boeing UK
- Boeing Defence UK
- Boeing Australia
- Boeing Canada
- Boeing Capital Corporation
- Boeing Commercial Space Company
- Jeppesen
- Continental data graphics
- Spectrolab
- Boeing Intelligence & Analytics
- ForeFlight
Website: www.boeing.com
FAA grounds Boeing 737 Max 9s after Alaska Airlines incident
Chris Raymond names President and CEO of Boeing Global Services
Boeing’s CFO warns of reduced MAX deliveries, loss in Q3 due to manufacturing defect
DAE acquires 64 Boeing 737 MAX aircraft from Chinese leasing company
Emirates Considers Additional Airbus A350 and Boeing 777X/787 Orders to Meet Future Demand
Ryanair Orders 150 Boeing 737 Max 10 Planes After Resolving Pricing Dispute
Qatar Airways Plans to Launch Boeing 737 MAX 8 Commercial Flights on May 15th
Ryanair adds three Boeing 737 MAX 8200 aircraft to London Luton Airport
Boeing warns of reduced 737 Max deliveries due to an issue with supplier Spirit AeroSystems
Boeing has delivered 64 planes in March 2023
Japan Airlines will buy 21 Boeing 737 MAX jets for $2.5bn
Boeing to start deliveries of its 787 Dreamliners aircraft in few days
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