Boeing
The Boeing Company (/ˈboʊɪŋ/) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the third-largest defense contractor in the world based on 2020 revenue and is the largest exporter in the United States by dollar value. Boeing's stock is a component of the Dow Jones Industrial Average.
Headquarters in Arlington, Virginia | |
| Formerly |
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|---|---|
| Company type | Public |
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| Industry | Aerospace |
| Founded | July 15, 1916 in Seattle |
| Founder | William E. Boeing |
| Headquarters | , U.S. |
Area served | Worldwide: 1 |
Key people |
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Production output |
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| Revenue | US$77.79 billion (2023) |
| US$−773 million (2023) | |
| US$−2.24 billion (2023) | |
| Total assets | US$137.01 billion (2023) |
| Total equity | US$−17.23 billion (2023) |
Number of employees | 171,000 (2023) |
| Divisions |
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| Subsidiaries | |
| Website | boeing |
| Footnotes / references | |
Boeing was founded by William Boeing in Seattle, Washington, on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. Then-chairman and CEO of Boeing, Philip M. Condit, assumed those roles in the combined company, while Harry Stonecipher, former CEO of McDonnell Douglas, became president and COO.
As of 2023, the Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington, Virginia. The company is organized into four primary divisions: Boeing Commercial Airplanes (BCA); Boeing Defense, Space & Security (BDS); Boeing Global Services; and Boeing Capital. In 2021, Boeing recorded $62.3 billion (€56.1bn) in sales. Boeing is ranked 54th on the Fortune 500 list (2020), and ranked 121st on the Fortune Global 500 list (2020).