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Boeing

Updated: Wikipedia source

Boeing

The Boeing Company ( BO-ing) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. 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 and is the largest exporter in the United States by dollar value. Boeing was founded in 1916 by William E. Boeing in Seattle, Washington. 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. 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. Boeing is ranked 54th on the Fortune 500 list (2020), and ranked 121st on the Fortune Global 500 list (2020).

Infobox

Formerly
mw- Pacific Aero Products Co. (1916–1917)Boeing Airplane Company (1917–1961)
Company type
Public
Traded as
NYSE: BADJIA componentS&P 100 componentS&P 500 component
Industry
Aerospace
Founded
July 15, 1916; 109 years ago (1916-07-15), in Seattle
Founder
William E. Boeing
Headquarters
Crystal City, Virginia, U.S.
Area served
Worldwide
Key people
Kelly Ortberg (president and CEO)Steve Mollenkopf (chair)
Production output
348 commercial aircraft 110 military aircraft 2 satellites (2024)
Revenue
US$66.5 billion (2024)
Operating income
−US$10.7 billion (2024)
Net income
−US$11.8 billion (2024)
Total assets
US$156.4 billion (2024)
Total equity
−US$3.9 billion (2024)
Number of employees
172,000 (2024)
Divisions
Commercial AirplanesDefense, Space & SecurityGlobal Services
Subsidiaries
Aurora Flight SciencesBoeing AustraliaBoeing CanadaBoeing UKInsituJeppesenSpectrolabSpirit AeroSystemsWisk Aero
Website
boeing.com

Tables

2005
2005
Year
2005
Revenuein billion US$
53.6
Net income (loss)in billion US$
2.5
2006
2006
Year
2006
Revenuein billion US$
61.5
Net income (loss)in billion US$
2.2
2007
2007
Year
2007
Revenuein billion US$
66.3
Net income (loss)in billion US$
4.0
2008
2008
Year
2008
Revenuein billion US$
60.9
Net income (loss)in billion US$
2.6
2009
2009
Year
2009
Revenuein billion US$
68.2
Net income (loss)in billion US$
1.3
2010
2010
Year
2010
Revenuein billion US$
64.3
Net income (loss)in billion US$
3.2
2011
2011
Year
2011
Revenuein billion US$
68.7
Net income (loss)in billion US$
4.0
2012
2012
Year
2012
Revenuein billion US$
81.6
Net income (loss)in billion US$
3.9
2013
2013
Year
2013
Revenuein billion US$
86.6
Net income (loss)in billion US$
4.5
Employees
168,400
2014
2014
Year
2014
Revenuein billion US$
90.7
Net income (loss)in billion US$
5.4
Employees
165,500
2015
2015
Year
2015
Revenuein billion US$
96.1
Net income (loss)in billion US$
5.1
Employees
161,400
2016
2016
Year
2016
Revenuein billion US$
94.5
Net income (loss)in billion US$
4.8
Employees
150,500
2017
2017
Year
2017
Revenuein billion US$
93.3
Net income (loss)in billion US$
8.1
Employees
140,800
2018
2018
Year
2018
Revenuein billion US$
101
Net income (loss)in billion US$
10.4
Employees
153,000
2019
2019
Year
2019
Revenuein billion US$
76.5
Net income (loss)in billion US$
(0.63)
Employees
161,000
2020
2020
Year
2020
Revenuein billion US$
58.1
Net income (loss)in billion US$
(11.9)
Employees
141,014
2021
2021
Year
2021
Revenuein billion US$
62.2
Net income (loss)in billion US$
(4.2)
Employees
140,000
2022
2022
Year
2022
Revenuein billion US$
66.6
Net income (loss)in billion US$
(5.1)
Employees
156,000
2023
2023
Year
2023
Revenuein billion US$
77.7
Net income (loss)in billion US$
(2.2)
Employees
171,000
2024
2024
Year
2024
Revenuein billion US$
66.5
Net income (loss)in billion US$
(11.8)
Employees
172,000
Year
Revenuein billion US$
Net income (loss)in billion US$
Employees
Refs
2005
53.6
2.5
2006
61.5
2.2
2007
66.3
4.0
2008
60.9
2.6
2009
68.2
1.3
2010
64.3
3.2
2011
68.7
4.0
2012
81.6
3.9
2013
86.6
4.5
168,400
2014
90.7
5.4
165,500
2015
96.1
5.1
161,400
2016
94.5
4.8
150,500
2017
93.3
8.1
140,800
2018
101
10.4
153,000
2019
76.5
(0.63)
161,000
2020
58.1
(11.9)
141,014
2021
62.2
(4.2)
140,000
2022
66.6
(5.1)
156,000
2023
77.7
(2.2)
171,000
2024
66.5
(11.8)
172,000
Revenue by business segment (2024)[4]: 26
Commercial Airplanes
Commercial Airplanes
Business
Commercial Airplanes
Revenuein billion $
22.9
Revenueshare
34.4%
Defense, Space & Security
Defense, Space & Security
Business
Defense, Space & Security
Revenuein billion $
23.9
Revenueshare
36.0%
Global Services
Global Services
Business
Global Services
Revenuein billion $
20.0
Revenueshare
30.1%
Other
Other
Business
Other
Revenuein billion $
(0.2)
Revenueshare
(0.003%)
Total
Total
Business
Total
Revenuein billion $
66.5
Business
Revenuein billion $
Revenueshare
Commercial Airplanes
22.9
34.4%
Defense, Space & Security
23.9
36.0%
Global Services
20.0
30.1%
Other
(0.2)
(0.003%)
Total
66.5
Employment by group(December 31, 2023)[151]
Boeing Commercial Airplanes (BCA)
Boeing Commercial Airplanes (BCA)
Group
Boeing Commercial Airplanes (BCA)
Employees
47,948
Boeing Defense, Space & Security (BDS)
Boeing Defense, Space & Security (BDS)
Group
Boeing Defense, Space & Security (BDS)
Employees
17,925
Global Services
Global Services
Group
Global Services
Employees
22,323
Enterprise
Enterprise
Group
Enterprise
Employees
82,492
Total company
Total company
Group
Total company
Employees
170,688
Group
Employees
Boeing Commercial Airplanes (BCA)
47,948
Boeing Defense, Space & Security (BDS)
17,925
Global Services
22,323
Enterprise
82,492
Total company
170,688
Employment by location(December 31, 2023)[151]
Alabama
Alabama
Location
Alabama
Employees
3,411
Arizona
Arizona
Location
Arizona
Employees
5,208
California
California
Location
California
Employees
14,403
Missouri
Missouri
Location
Missouri
Employees
16,681
Oklahoma
Oklahoma
Location
Oklahoma
Employees
3,945
Pennsylvania
Pennsylvania
Location
Pennsylvania
Employees
4,055
South Carolina
South Carolina
Location
South Carolina
Employees
7,864
Texas
Texas
Location
Texas
Employees
7,090
Washington
Washington
Location
Washington
Employees
66,797
Other locations
Other locations
Location
Other locations
Employees
41,234
Total company
Total company
Location
Total company
Employees
170,688
Location
Employees
Alabama
3,411
Arizona
5,208
California
14,403
Missouri
16,681
Oklahoma
3,945
Pennsylvania
4,055
South Carolina
7,864
Texas
7,090
Washington
66,797
Other locations
41,234
Total company
170,688
· Corporate governance › Board
Name
Name
Chair of the Board
Name
Chair of the Board
Background
Steven M. Mollenkopf
Steven M. Mollenkopf
Chair of the Board
Steven M. Mollenkopf
Chair of the Board
Former CEO, Qualcomm
Board of Directors
Board of Directors
Chair of the Board
Board of Directors
Name
Name
Chair of the Board
Name
Chair of the Board
Background
Robert A. Bradway
Robert A. Bradway
Chair of the Board
Robert A. Bradway
Chair of the Board
Chair and CEO, Amgen
Mortimer J. Buckley
Mortimer J. Buckley
Chair of the Board
Mortimer J. Buckley
Chair of the Board
Former Chairman and CEO, The Vanguard Group
Lynne M. Doughtie
Lynne M. Doughtie
Chair of the Board
Lynne M. Doughtie
Chair of the Board
Former U.S. chair and CEO, KPMG
David L. Gitlin
David L. Gitlin
Chair of the Board
David L. Gitlin
Chair of the Board
Chairman and CEO, Carrier Global Corporation
Lynn Good
Lynn Good
Chair of the Board
Lynn Good
Chair of the Board
Former Chair and CEO, Duke Energy
Stayce Harris
Stayce Harris
Chair of the Board
Stayce Harris
Chair of the Board
Former United Airlines PilotFormer Inspector General, U.S. Air Force
Akhil Johri
Akhil Johri
Chair of the Board
Akhil Johri
Chair of the Board
Former Executive Vice-president and CFO, United Technologies Corporation
David L. Joyce
David L. Joyce
Chair of the Board
David L. Joyce
Chair of the Board
Former President and CEO, GE AviationFormer Vice-chair, General Electric Company
Kelly Ortberg
Kelly Ortberg
Chair of the Board
Kelly Ortberg
Chair of the Board
President and CEO, The Boeing Company
John M. Richardson
John M. Richardson
Chair of the Board
John M. Richardson
Chair of the Board
Former Chief of Naval Operations, U.S. NavyFormer Director of the Naval Nuclear Propulsion Program, U.S. Navy
Chair of the Board
Name
Background
Steven M. Mollenkopf
Former CEO, Qualcomm
Board of Directors
Name
Background
Robert A. Bradway
Chair and CEO, Amgen
Mortimer J. Buckley
Former Chairman and CEO, The Vanguard Group
Lynne M. Doughtie
Former U.S. chair and CEO, KPMG
David L. Gitlin
Chairman and CEO, Carrier Global Corporation
Lynn Good
Former Chair and CEO, Duke Energy
Stayce Harris
Former United Airlines PilotFormer Inspector General, U.S. Air Force
Akhil Johri
Former Executive Vice-president and CFO, United Technologies Corporation
David L. Joyce
Former President and CEO, GE AviationFormer Vice-chair, General Electric Company
Kelly Ortberg
President and CEO, The Boeing Company
John M. Richardson
Former Chief of Naval Operations, U.S. NavyFormer Director of the Naval Nuclear Propulsion Program, U.S. Navy
· Corporate governance › Past leadership
N/A
N/A
Chief Executive Officer
N/A
Chief Executive Officer
Position not created
President
N/A
President
Position not created
Chairman
1916–1934
Chairman
William Boeing
1922–1925
1922–1925
Chief Executive Officer
1922–1925
Chief Executive Officer
Edgar Gott
1926–1933
1926–1933
Chief Executive Officer
1926–1933
Chief Executive Officer
Philip G. Johnson
1933–1939
1933–1939
Chief Executive Officer
1933–1939
Chief Executive Officer
Claire Egtvedt
President
1933–1939
President
Claire Egtvedt
Chairman
1934–1968
Chairman
Claire Egtvedt
1939–1944
1939–1944
Chief Executive Officer
1939–1944
Chief Executive Officer
Philip G. Johnson
President
1939–1944
President
Philip G. Johnson
1944–1945
1944–1945
Chief Executive Officer
1944–1945
Chief Executive Officer
Claire Egtvedt
President
1944–1945
President
Claire Egtvedt
1945–1968
1945–1968
Chief Executive Officer
1945–1968
Chief Executive Officer
William M. Allen
President
1945–1968
President
William M. Allen
1969–1986
1969–1986
Chief Executive Officer
1969–1986
Chief Executive Officer
Thornton Wilson
President
1968–1972
President
Thornton Wilson
Chairman
1968–1972
Chairman
William M. Allen
1972–1985
1972–1985
Chief Executive Officer
1972–1985
Chief Executive Officer
Malcolm T. Stamper
President
1972–1987
President
Thornton Wilson
1986–1996
1986–1996
Chief Executive Officer
1986–1996
Chief Executive Officer
Frank Shrontz
President
1985–1996
President
Frank Shrontz
Chairman
1985–1996
Chairman
Frank Shrontz
1996–2003
1996–2003
Chief Executive Officer
1996–2003
Chief Executive Officer
Philip M. Condit
President
1996–1997
President
Philip M. Condit
Chairman
1997–2003
Chairman
Philip M. Condit
2003–2005
2003–2005
Chief Executive Officer
2003–2005
Chief Executive Officer
Harry Stonecipher
President
1997–2005
President
Harry Stonecipher
Chairman
2003–2005
Chairman
Lewis E. Platt
2005–2015
2005–2015
Chief Executive Officer
2005–2015
Chief Executive Officer
James McNerney
President
2005–2013
President
James McNerney
Chairman
2005–2016
Chairman
James McNerney
2015–2019
2015–2019
Chief Executive Officer
2015–2019
Chief Executive Officer
Dennis Muilenburg
President
2013–2019
President
Dennis Muilenburg
Chairman
2016–2019
Chairman
Dennis Muilenburg
2019
2019
Chief Executive Officer
2019
Chief Executive Officer
Dave Calhoun
2020–2024
2020–2024
Chief Executive Officer
2020–2024
Chief Executive Officer
Dave Calhoun
President
2020–2024
President
Dave Calhoun
Chairman
2019–2024
Chairman
Lawrence Kellner
2024–present
2024–present
Chief Executive Officer
2024–present
Chief Executive Officer
Steve Mollenkopf
2024–present
2024–present
Chief Executive Officer
2024–present
Chief Executive Officer
Kelly Ortberg
President
2024–present
President
Kelly Ortberg
Chief Executive Officer
President
Chairman
N/A
Position not created
N/A
Position not created
1916–1934
William Boeing
1922–1925
Edgar Gott
1926–1933
Philip G. Johnson
1933–1939
Claire Egtvedt
1933–1939
Claire Egtvedt
1934–1968
Claire Egtvedt
1939–1944
Philip G. Johnson
1939–1944
Philip G. Johnson
1944–1945
Claire Egtvedt
1944–1945
Claire Egtvedt
1945–1968
William M. Allen
1945–1968
William M. Allen
1969–1986
Thornton Wilson
1968–1972
Thornton Wilson
1968–1972
William M. Allen
1972–1985
Malcolm T. Stamper
1972–1987
Thornton Wilson
1986–1996
Frank Shrontz
1985–1996
Frank Shrontz
1985–1996
Frank Shrontz
1996–2003
Philip M. Condit
1996–1997
Philip M. Condit
1997–2003
Philip M. Condit
2003–2005
Harry Stonecipher
1997–2005
Harry Stonecipher
2003–2005
Lewis E. Platt
2005–2015
James McNerney
2005–2013
James McNerney
2005–2016
James McNerney
2015–2019
Dennis Muilenburg
2013–2019
Dennis Muilenburg
2016–2019
Dennis Muilenburg
2019
Dave Calhoun
2020–2024
Dave Calhoun
2020–2024
Dave Calhoun
2019–2024
Lawrence Kellner
2024–present
Steve Mollenkopf
2024–present
Kelly Ortberg
2024–present
Kelly Ortberg

References

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