Boeing Company Description
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.
View the Comprehensive Company Description for Boeing
The Company Description provides a historical perspective of Boeing's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Boeing's evolution in the marketplace.
