Boeing

Boeing
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Company Information Company Size : 10000+ employees Revenue : $10+ billion (USD) per year Headquarters : Chicago, IL Boeing Stock : BA Founded : 1916 Industry : Aerospace & Defense

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Description

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 third-largest defense contractor in the world based on 2020 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's corporate headquarters is in Chicago, Illinois as of 2022. The company plans to move its headquarters to Arlington, Virginia in the near future. Boeing is organized into four primary divisions: Boeing Commercial Airplanes (BCA); Boeing Defense, Space & Security (BDS); Boeing Global Services; and Boeing Capital. In 2019, Boeing recorded US$ 76.6 billion in sales. Boeing is ranked 54th on the Fortune magazine "Fortune 500" list (2020), and ranked 121st 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. In September 2022, Boeing was ordered to pay $200m over charges of misleading investors about safety issues related to those two fatal crashes.

About

Boeing is a Public Company operating in the field of Aerospace & Defense established in 1916, Headquartered in Chicago, IL Boeing now has more than 10000+ employees with turnover is more than $10+ billion (USD) per year. The official website of the company is www.boeing.com with stock code BA Competitors in the same sector such as Lockheed Martin, Northrop Grumman, Airbus

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The Boeing Company
Formerly
  • Pacific Aero Products Co. (1916–1917)
  • Boeing Airplane Company (1917–1961)[1][2]
TypePublic
Industry
FoundedJuly 15, 1916; 106 years ago (1916-07-15) (as Pacific Aero Products Co.)
Seattle, Washington, U.S.
FounderWilliam E. Boeing
HeadquartersBoeing International Headquarters,
Chicago, Illinois
,
U.S.
Area served
Worldwide[3]: 1 
Key people
Products
Production output
  • 380 commercial aircraft (2019)
  • 229 military aircraft (2019)
  • 2 satellites (2019)
Services
  • Leasing
  • Support solutions[3]: 35–36 
Revenue US$ 62.29 billion[4] (2021)
US$ −2.90 billion[4] (2021)
US$ −4.29 billion[4] (2021)
Total assets US$ 138.5 billion[4] (2021)
Total equity US$ −14.84 billion[4] (2021)
Number of employees
141,582 (January 1, 2022)[5]
Divisions
Subsidiaries
Websitewww.boeing.com
Footnotes / references
[6]

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