The Boeing Company Investor Relations Material
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Aviation Pioneers
The Boeing Company is a leading figure in the aerospace and defense industry. Founded in 1916, Boeing's impact on global travel, defense, and space exploration has been immense. Today the company operates in multiple segments, including Commercial Airplanes, Defense, Space & Security, and maintenance for their aircraft.
Born and Bred in Seattle
Boeing's journey began in 1916 when timber merchant William E. Boeing established the "Pacific Aero Products Co." in Seattle. A year later, the company was renamed "The Boeing Airplane Company," marking the beginning of a long history of aviation innovation. Over the years, Boeing has been responsible for pioneering a variety of aircraft, including commercial jetliners and military planes. One of Boeing's most significant milestones was the development of the Boeing 707, which revolutionized air travel by making commercial jet service more available than previously. As the company continued to grow, it diversified its operations through acquisitions and mergers, including the notable merger with McDonnell Douglas in 1997. Today, Boeing is one of the biggest suppliers of aircraft in the world together with Airbus.
The Three Divisions of The Business
The Commercial Airplanes division designs, assembles, markets, and services a comprehensive line of commercial aircraft, from the narrow-body 737 to the large and iconic, wide-body 777 and 787 families.
The Defense, Space & Security segment provides end-to-end services for a broad range of military and commercial customers. This includes the production of fighter aircraft and rotorcraft and Boeing has been involved in several projects in space exploration.
Boeing also provides a variety of services that complement its portfolio of aircraft. These include training, supply chain, and data analytics for their aircraft. The company also provides maintenance, modifications, and upgrades through this division ensuring support for customers throughout the lifecycle of their aircraft and systems.
Commercial and Military customers
Boeing's customers span the globe and include commercial airlines, governments, and private entities. The company's commercial aircraft are used by airlines worldwide, including major carriers such as Delta and United Airlines. On the defense side, Boeing's primary customer is the U.S. Department of Defense, but it also has relationships with military customers outside of the US.