The Boeing Company

News and overview for The Boeing Company

Federal Home Loan Bank of Seattle Announces Board of Director Election Results [Press Release]
Business Wire | 5 hours 44 minutes ago
The Federal Home Loan Bank of Seattle (Seattle Bank) today announced the results of its recent Board of Directors elections for member directors in Alaska, Hawaii, and Utah and for two independent director positions.


Boeing faces possible class-action suit over Dreamliner: report - MarketWatch
MarketWatch | 4 days 18 hours 54 minutes ago
Boeing Co. /quotes/comstock/13*!ba/quotes/nls/ba (BA 50.68, +0.40, +0.80%) faces a possible class-action lawsuit over its long-delayed 787 Dreamliner.


Fitch Expects to Rate Boeing's New Notes 'A+'; Comments on Cash Flow & Leverage [Press Release]
Business Wire | 3 days 14 hours 13 minutes ago
Fitch Ratings expects to assign 'A+' ratings to The Boeing Company's (BA) planned issuance of new three-year and seven-year senior unsecured notes. Fitch expects the proceeds from the new notes will be used to increase liquidity and for general corporate purposes.


Boeing Selects Best Doctors to Help Employees Get the Right Care [Press Release]
Business Wire | 3 days 15 hours 58 minutes ago
Best Doctors, Inc., a provider of employer-based health benefits that help members get the right care, today announced that The Boeing Company, the world’s leading aerospace company, has selected Best Doctors’ benefit to include among its portfolio of Well Being resources. Through Best Doctors, Boeing employees and their dependents now have access to some of the nation’s most advanced medical expertise when they are uncertain about their diagnosis or treatment options.


TIMET and Boeing Enter Into New Long-Term Supply Agreement [Press Release]
PRNewswire | 4 days 10 hours 28 minutes ago
TIMET and Boeing Enter Into New Long-Term Supply Agreement PRNewswire DALLAS...entered into a new, long-term titanium supply agreement with The Boeing Company ("Boeing"). The new supply agreement will be effective on January 1, 2011...


Iowa Governor Chet Culver to Deliver Keynote Address at Midwest Clean Tech 2009 [Press Release]
PRNewswire | 2 days 7 hours 21 minutes ago
...president, Human Resources and Administration of The Boeing Company and chairman of the Global Midwest Alliance. "He is a leader in...Alliance; the Economic Development Council; The Boeing Company; Bryan Cave LLP; UK Trade & Investment; the...


Justice Department Recovers $2.4 Billion in False Claims Cases in Fiscal Year 2009; More Than $24 Billion Since 1986 [Press Release]
PRNewswire | 1 day 6 hours 22 minutes ago
...related to contracts in support of the wars in Iraq and Afghanistan, including two settlements with The Boeing Company totaling $27 million and a $26...procurement fraud cases involving the wars in Southwest Asia to a total...


Alabama Aircraft Industries, Inc. Announces United States Court of Appeals Ruling on the KC-135 Contract Award [Press Release]
Business Wire | 3 days 8 hours 33 minutes ago
Alabama Aircraft Industries, Inc. (Pink Sheets: AAII), a leading provider of aircraft maintenance and modification services to military customers, today announced that the United States Court of Appeals for the Federal Circuit reversed the ruling of the Court of Federal Claims that had enjoined the United States Air Force (“USAF”) from proceeding with the award of the KC-135 contract to The Boeing Company. Ronald Aramini, Alabama Aircraft’s President and Chief Executive Officer, stated “We ar...


Inventory Locator Service, LLC President Bruce Langsen To Retire [Press Release]
Business Wire | 3 days 16 hours 58 minutes ago
Inventory Locator Service LLC (ILS) today announced changes to the senior leadership at ILS.


Boeing Rotorcraft Employees Ratify New 5-Year Contract [Press Release]
PRNewswire | 33 days 5 hours 23 minutes ago
...PRNewswire-FirstCall/ -- The Boeing Company and United Aerospace...400 employees, the Boeing Philadelphia site serves as the company's Rotorcraft Systems...Pennsylvania. A unit of The Boeing Company, Boeing Integrated...


Ducommun Incorporated Definitizes Contract with Boeing for C-17 Globemaster III Fuselage Skins [Press Release]
Business Wire | 18 days 17 hours 28 minutes ago
Ducommun Incorporated (NYSE:DCO) today announced that its Ducommun AeroStructures, Inc. (DAS) subsidiary has definitized a follow-on contract with The Boeing Company to provide fuselage skins for the C-17 Globemaster III military transport aircraft through the fourth quarter of 2010.


Pew Analysis Shows More Than 60 Percent of Export-Import Bank Loan Guarantees Benefited Single Company [Press Release]
PRNewswire | 11 days 7 hours 49 minutes ago
...guarantees. Of that total, almost $10 billion, or an average of 65 percent, went toward the purchase of commercial aircraft made by the Boeing Company, the world's largest manufacturer of commercial jetliners and military aircraft combined...


Horizon Air Unveils Comfortably Greener Q400 Livery [Press Release]
Business Wire | 3 days 13 hours 10 minutes ago
Horizon Air’s newest Bombardier Q400, entering service this week, is sporting an eye-catching “Comfortably Greener” livery that spotlights the aircraft’s lower environmental impact compared to similar-size jets.


Boeing Advanced Tactical Laser Strikes Moving Target in Test [Press Release]
PRNewswire | 38 days 6 hours 28 minutes ago
...M., Oct. 13 /PRNewswire-FirstCall/ -- The Boeing Company and the U.S. Air Force on Sept. 19 damaged a moving...and Tactical Relay Mirror System. A unit of The Boeing Company, Boeing Integrated Defense Systems (www.boeing...


Virtual Goods Mean Real Money for USO [Press Release]
Business Wire | 10 days 9 hours 51 minutes ago
Playdom, a leading social gaming company, and the USO today announced the launch of a joint effort to raise funds to improve the quality of life of servicemen and women around the world.





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Company Overview


Company: The Boeing Company
Industry: Aircraft Manufacturing
Website: http://www.boeing.com

Boeing is the 800-pound gorilla of US aerospace. The world's largest aerospace company, Boeing is the #2 maker of large commercial jets (behind rival Airbus) and the #2 defense contractor behind Lockheed Martin. Boeing has two major segments: Commercial Airplanes and Integrated Defense Systems. Through its Boeing Capital subsidiary, the company provides financing and leasing services to both commercial and military/aerospace customers. Boeing makes about two-thirds of its sales in the Americas. As the worldwide recession continues, the company will adjust to decreased demand for new commercial airliners, and its military programs may come under more scrutiny from the Obama administration and from Congress.


Key Numbers

Sales in U.S. Dollars (mil.) 60,909 (2008)
One-year % Growth in Sales -8.3 (2008)
Net Income in U.S. Dollars (mil.) 2,672 (2008)
One-year % Growth in Net Income -34.4 (2008)
Number of Employees 162,200 (2008)
One-year % Growth in Number of Employees 1.8 (2008)
Fiscal Year-End December