Boeing

History

Boeing is an Aerospace firm. The company was incorporated on July 15, 1916, as Pacific Aero Products Co. On May 9, 1917, William Boeing changed the name of Pacific Aero Products to the Boeing Airplane Co. In 1927, Pacific Air Transport and Boeing Airplane Company merged into a single corporation. The company changed its name to United Aircraft And Transport Corporation in 1929. The company split into three smaller companies - Boeing Airplane Company, United Airlines, and United Aircraft Corporation, the precursor to United Technologies following the Air Mail Act of 1934.

Mission Of Boeing

The mission or strategy of Boeing is: to understand the enduring needs of customers and provide capability-based solutions to meet their rapidly evolving requirements. The strategy includes understanding the art of using current and emerging technologies to improve the capabilities of existing products and delivering new solutions.

Area of Operation

The businesses of Boeing are:

1. Commercial Airplanes
2. Integrated Defense Systems:
   • Aircraft and Weapon Systems
   • Network and Space Systems
   • Support Systems
   • Launch and Orbital Systems
   • Precision Engagement and Mobility Systems
   • Advanced Systems
3. Boeing Capital Corporation
4. Shared Services
5. Engineering, Operations & Technology

Key Statistics

• Boeing holds assets of $61.46 billion.
• Boeing has made profits of $1.69 billion in 2006.
• Boeing operates in 145 countries.
• Boeing has 153,000 employees.

Organization

The corporate governance of Boeing consists of:

• Board of Directors
• Corporate Officers
• Managers
• Employees

International Ranking

• Boeing ranks 93 in the world according to Forbes Magazine list.
• Boeing ranks 91 in Fortune Global 500 list.

Headquarter Address

Boeing Co
100 N. Riverside Plaza
Chicago, Illinois 60606-1596
USA
Phone: (312) 544-2000
Fax: (312) 544-2082
Website URL: www.boeing.com

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