The Boeing Company

The Boeing Company is an American multinational aerospace and defense corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, and satellites worldwide. Founded in 1916 by William Boeing in Seattle, Washington, the company is among the largest global aerospace manufacturers and defense contractors and is the leading producer of commercial jetliners in the world. Originally a shipbuilding company, Boeing shifted its focus from producing seaplanes to producing military and civilian aircraft by the early 1930s, with the first jet-powered aircraft taking flight in 1954.

The Boeing Company is organized into four main divisions: Commercial Airplanes, Defense, Space & Security, Global Services, and Boeing Capital. The Commercial Airplanes segment focuses on the design, development, and manufacture of commercial jetliners and related services, including fleet support and cargo requirements. The Defense, Space & Security division works on the research, development, and production of manned and unmanned military aircraft and weapons systems, strategic defense and intelligence systems, and satellite systems. The Global Services division offers services such as supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, and training-related services for defense and commercial customers. Finally, Boeing Capital offers financing services and manages financing exposure for a portfolio of aircraft operating leases, sales-type/finance leases, notes, and other assets.

Boeing has been continually at the forefront of technological innovations and is a major leader in the aerospace industry. It has contributed to numerous accomplishments, from the increasingly fuel-efficient single-aisle 737 MAX to the first 737 MAX 8 delivery at the Paris Air Show in June 2017 to the first 787-9 Dreamliner flight in December 2014. The company has also developed the world’s first industrial-scale 3D printing process, known as “Digital Aviation”. Boeing also holds numerous patents and has a prominent role in the International Space Station (ISS), while also providing launch systems and services for space exploration, including the Space Shuttle and International Space Station.

Boeing employs more than 160,000 workers and has a presence in over 65 countries around the world. In 2020, the company reported revenue of over $76 billion. Boeing continues to be a large player in the industry with a large customer base that includes government, military, and commercial customers. With its large portfolio of products and services, the company strives to be the most innovative, efficient, and trusted aerospace and defense industry leader.