The Boeing Company

News and overview for The Boeing Company

IndustryWeek : Boeing Says Strike Might Delay 787 Test Flight
IndustryWeek | 61 days 11 hours 23 minutes ago
He refused to discuss the possibility of more delays to deliveries of the state-of-the-art aircraft, saying only that the company would assess the impact of the strike when it ended.


IndustryWeek : Boeing Strike Over
IndustryWeek | 34 days 11 hours 58 minutes ago
The new contract will now be submitted to members of IAM for approval, with a simple majority required. The leaders of the union are urging them to support the deal. "The tentative agreement has the unanimous endorsement of the IAM negotiating committee and will be presented to members for a ratification vote, which will take place in 3-5 days," said the union.


IndustryWeek : Boeing Workers Vote to Strike but Agree to More Talks
IndustryWeek | 88 days 12 hours 20 minutes ago
The union, based mainly in Seattle, said "an overwhelming majority voted to strike because Boeing did not meet your expectations. You have spoken loud and clear."


IndustryWeek : Boeing Machinists Return to Work
IndustryWeek | 28 days 11 hours 13 minutes ago
"We're looking forward to having our team back together to resume the work of building airplanes for our customers," Boeing Commercial Airplanes president and CEO Scott Carson said. "This new contract addresses the union's job security issues while enabling Boeing to retain the flexibility needed to run the business. It rewards employees for their contribution to our success with industry-leading pay and benefits and allows us to remain competitive."


IndustryWeek : Rolls-Royce to Cut up to 2,000 Jobs in 2009
IndustryWeek | 11 days 12 hours 5 minutes ago
"While it is too early to be specific about the precise implications for the number and location of job reductions, the group's current assessment is that in 2009 it will be necessary to implement job reductions... of around 1,500 to 2,000 on a worldwide basis," the statement added.


IndustryWeek : Air China to Buy 45 Aircraft from Boeing
IndustryWeek | 137 days 13 hours 24 minutes ago
"These airplanes are the most fuel efficient in their classes," said Kong Dong, chairman of Air China, the second largest commercial airline in China.


IndustryWeek : Boeing to Help Japan Build First Passenger Jet
IndustryWeek | 88 days 12 hours 20 minutes ago
The deal "will contribute significantly to the success of the MRJ," said Nobuo Toda, president of Mitsubishi Aircraft Corp., a Mitsubishi group firm. "The partnership with Boeing will be beneficial to us in that the name Boeing will offer a sense of reassurance to our customers, in addition to its technical knowledge," he said.


SPEEA and Boeing Reach Tentative Agreement on New Contracts for 21,000 Employees - MarketWatch
MarketWatch | 16 days 19 hours 57 minutes ago
Copyright © 2008 MarketWatch, Inc. All rights reserved.


Boeing to Acquire Digital Receiver Technology to Enhance Capabilities in Intelligence Market [Press Release]
PRNewswire | 17 days 6 hours 35 minutes ago
ST. LOUIS, Nov. 14 /PRNewswire-FirstCall/ -- The Boeing Company


NASA Announces Pennsylvania Aeronautics Research Awards [Press Release]
PRNewswire | 6 days 2 hours 34 minutes ago
WASHINGTON, Nov. 25 /PRNewswire-USNewswire/ -- NASA's Aeronautics Research Mission Directorate has awarded approximately $1 million to two Pennsylvania organizations for work described in NASA research announcement proposals.


ViaSat Receives Contract Modification from Boeing for FAB-T Development [Press Release]
Business Wire | 19 days 12 hours 25 minutes ago
ViaSat Inc. (Nasdaq:VSAT) has received a subcontract modification from The Boeing Company (NYSE:BA) for the Family of Advanced Beyond-line-of-sight Terminals (FAB-T) program. As part of the Boeing team, ViaSat is developing protected communication equipment that is designed to provide the U.S. Government with secure strategic and tactical communications. This award, valued at just over $28 million, adds additional technical requirements and hardware units to the ViaSat subcontract.


Alteon Graduates First Class of MPL Students [Press Release]
PRNewswire | 17 days 18 hours 5 minutes ago
BRISBANE, Australia, Nov. 13 /PRNewswire/ -- Alteon, the Boeing Company's


BOEING COMPANY - 3rd Quarter Results [Press Release]
PRNewswire | 40 days 9 hours 1 minute ago
Boeing Posts Lower Third-Quarter Results on Reduced Commercial Deliveries - Third-quarter revenues declined to $15.3 billion from $16.5 billion as labor strike and supplier production problems pushed airplane deliveries out of the quarter - EPS declined to $0.96 per share, reduced by an estimated $0.60 on the lower deliveries and by $0.08 due to tax adjustments - Backlog grew to a record $349 billion as near-term demand remains ...


Boeing Posts Lower Third-Quarter Results on Reduced Commercial Deliveries [Press Release]
PRNewswire | 40 days 9 hours 5 minutes ago
CHICAGO, Oct. 22 /PRNewswire-FirstCall/ -- The Boeing Company's


PlanetSpace Adds Boeing to Lockheed Martin/ATK Team for NASA ISS Commercial Resupply Services Bid [Press Release]
PRNewswire | 40 days 2 hours 33 minutes ago
CAPE CANAVERAL, Fla., Oct. 22 /PRNewswire-FirstCall/ -- PlanetSpace announced today it has added the Space Exploration division of The Boeing Company





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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. Boeing's commercial aircraft include the new 787 Dreamliner, 767, 747, and the next-generation 737; military aircraft include the F/A-18 Hornet, the F-15 Eagle, the C-17 Globemaster III transport, and the AH-64D Apache helicopter. Boeing's space operations include communications satellites, missiles, the International Space Station, and the Space Shuttle (with Lockheed).


Key Numbers

Sales in U.S. Dollars (mil.) 66,387 (2007)
One-year % Growth in Sales 7.9 (2007)
Net Income in U.S. Dollars (mil.) 4,074 (2007)
One-year % Growth in Net Income 83.9 (2007)
Number of Employees 159,300 (2007)
One-year % Growth in Number of Employees 3.4 (2007)
Fiscal Year-End December