Boeing

The Boeing Company
Formerly
  • Pacific Aero Products Co. (1916‍–‍1917)
  • Boeing Airplane Company (1917‍–‍1961)[1][2]
Company typePublic
IndustryAerospace
FoundedJuly 15, 1916; 108 years ago (1916-07-15), in Seattle
FounderWilliam E. Boeing
Headquarters
Crystal City, Virginia
,
U.S.
Area served
Worldwide
Key people
Production output
  • Increase 528 commercial aircraft,
  • Decrease 157 military aircraft,
  • Steady 5 satellites (2023)
RevenueIncrease US$77.79 billion (2023)
Negative increase −US$773 million (2023)
Negative increase −US$2.24 billion (2023)
Total assetsDecrease US$137.01 billion (2023)
Total equityDecrease −US$17.23 billion (2023)
Number of employees
Increase 170,688 (2023)
Divisions
Subsidiaries
Websiteboeing.com
Footnotes / references
Financials as of December 31, 2023.
References:[3][4]

The Boeing Company, or simply Boeing (/ˈboʊɪŋ/), is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide.[5] The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue[6] and is the largest exporter in the United States by dollar value.[7] Boeing was founded by William E. Boeing in Seattle, Washington, on July 15, 1916.[8] The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997.

As of 2023, the Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington County, Virginia.[9] The company is organized into three primary divisions: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS), and Boeing Global Services (BGS). In 2021, Boeing recorded $62.3 billion in sales.[10] Boeing is ranked 54th on the Fortune 500 list (2020),[11] and ranked 121st on the Fortune Global 500 list (2020).[12]

  1. ^ Cite error: The named reference names was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference Britannica_Boe was invoked but never defined (see the help page).
  3. ^ "General Information". Boeing. Archived from the original on April 20, 2015. Retrieved March 25, 2024.
  4. ^ "The Boeing Co. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. January 31, 2024. Archived from the original on February 1, 2024. Retrieved February 1, 2024.
  5. ^ Bernal, Kyle (December 23, 2022). "What Are the Top Boeing Government Contracts?". executivegov.com. Archived from the original on June 14, 2023. Retrieved June 8, 2023.
  6. ^ "The SIPRI Top 100 arms-producing and military services companies in the world, 2022". SIPRI. Archived from the original on March 7, 2024. Retrieved February 16, 2024.
  7. ^ "Boeing says it's flying high despite recession". USA Today. March 27, 2009. Archived from the original on January 11, 2012.
  8. ^ "Boeing history chronology" (PDF). Boeing. Archived (PDF) from the original on May 8, 2018.
  9. ^ Hansen, Drew (February 21, 2023). "Boeing offers CEO Dave Calhoun more than $5M in additional stock awards to stay on". American City Business Journals. Archived from the original on May 14, 2023. Retrieved April 9, 2023.
  10. ^ "Boeing's worldwide revenue from FY 2007 to FY 2021". Statista. February 3, 2023. Archived from the original on April 27, 2023. Retrieved April 25, 2023.
  11. ^ "Boeing". Fortune. Archived from the original on June 30, 2017. Retrieved July 22, 2021.
  12. ^ "Boeing". Fortune. Archived from the original on November 16, 2021. Retrieved September 26, 2020.