The Boeing Company Statistics: Boeing Company is an aerospace company that manufactures commercial jetliners, defense, space, security, and other systems. It operates through the following sections: Commercial Airplanes, Defense, Space and Security, Boeing Capital, and Global Services. The Commercial Airplanes sector includes the development, production, market, and maintenance of commercial jet aircraft. This segment also provides fleet support services, primarily to the global commercial airline industry. Defense, Space, and Security is responsible for the design, production, modification, and testing of manned and unmanned military planes and weapons systems for global strikes. This includes fighter and combat rotorcraft airplanes and missile systems, global mobility, including tanker, helicopter, and tilt rotor, as well as airborne surveillance and recon. Global Services offers services to both defense and commercial customers. The Boeing Capital segment manages the financing exposure and helps customers buy and deliver their Boeing products. William Edward Boeing founded the company and it is based in Chicago, IL.
Boeing, based on its aerospace legacy, continues to innovate and lead technology, deliver its customers’ needs, and invest in its employees and future growth. It supports its team members to explore their professional interests and find new opportunities that will enhance their understanding of our business. Boeing is an Equal Opportunity employer. All employment decisions are made regardless of race, color, religion, or gender.
Global Focus
Boeing has operations and customers worldwide in around 150 countries. Boeing has global manufacturing, service, and tech partnerships with government agencies and companies worldwide. It also has contracts with more than 22,000 suppliers and partners.
Boeing is the largest US exporter. They work closely with many of their suppliers and partners all over the world to make the best aerospace products. Boeing exports more than 70% of its total backlog to customers outside the U.S. Today, this growth is a benefit for customers, employees, shareholders, local partners, and customers worldwide. Our business is expanding due to our increasing presence in key markets and local partnerships in key global countries. We are able to leverage emerging opportunities and establish long-term partnerships with top companies and research institutions around the globe. growth is driven by global business and it secures our leadership position both now and in the future.
Boeing Next Generation 737
Next-Generation 737 is a superior aircraft that provides customers with the reliability, fuel economy, and high-value returns required by operators in today’s competitive market. This level of performance, quality, and reliability will be maintained as the company transition’s to 737 MAX. Boeing’s 737 MAX Family was launched because of the success of the Next-Generation 737. The company also added new innovations to make it more popular. The 737 MAX is Boeing’s fastest-selling aircraft, with more than 5,000 orders.
Boeing 777
The Boeing 777’s unmatched combination of fuel efficiency, exceptional range, and passenger-preferred comfort has made it a global success story. The 777-300ER gives operators the perfect opportunity to continue that success. Recent upgrades have further reduced costs and raised revenue. The 777 continues to be the number one choice for passengers. A more profitable fleet, and happier passengers.
Boeing 747-8
First Class and Business Class sections in the 747-8 let airlines offer their passengers premium, private accommodation. The 747-8 is a high-volume aircraft that offers great revenue potential. With more than 400 seats, the 747 provides a unique opportunity that maximizes any high-volume route’s bottom-line potential. It offers premium value for passengers and operators.
Boeing Freighter
Boeing has added the 777-8 Freighter to its fleet as the world’s most efficient and fuel-efficient freighter, ensuring a sustainable future. The Boeing freighter family offers superior payload capacity, range capability, and economics. The long-range 777 Freighter, and the high volume 747-8 Freighter. The versatile 767300 Freighter/ 767300 Boeing Converted Freighter is the 767300 Freighter. The right-sized and most market-leading standard-body Boeing Converted Freighter 737-800 737-800. The global freighter fleet is expected to increase by 70% between the rising demand for general freight and e-commerce for consumer products.
Types of Boeing Freighter
- 747-8 Freighter
- 777-8 Freighter
- 777 Freighter
- 767-300 Freighter
- 767-300 Boeing Converted Freighter
- 737-800 Boeing Converted Freighter
Boeing Business Jets
Boeing Business Jets combines the best of commercial aviation with private aviation. They offer a wide variety of Boeing products that are uniquely tailored for private, business, and governmental customers. These planes offer a great value proposition for private markets, with their robust features and unparalleled reliability. The customers place a high value on quality, convenience, and mobility. Customers want to be able to access the same amenities from the air as on the ground. This includes a bedroom, shower, bathroom, dining area, office, entertainment, and many other areas. Boeing Business Jets can provide it all.
Statistics
The Boeing Company Global Revenue
Boeing generated 62,286 million U.S. dollars in revenue in 2021. Boeing is now the second-largest aviation company in the world, after Airbus.
Aircraft Market (Revenue of Boeing Global by Region)
The United States is Boeing Company’s largest market. It accounts for 62.7% of its total revenue. Boeing also generates more than a third of its revenue in markets outside of the United States.
The Boeing Company Global Workforce
Boeing employed 142,000 people as of the end of 2021. Boeing is the largest employer in the commercial aircraft industry.
The Boeing Company Net Earnings
In 2020, the Boeing Company reported its second consecutive year with annual losses. The company posted net losses of 11,941 million U.S. dollars.
The Boeing Company R&D Expenditures
Boeing’s research-and-development costs in 2021 were about 2,249 million U.S. dollars, down from almost 3,219 million in 2019. Due to lower spending for the 737/777 model families, this decrease in expenses is due to decreased costs. The Dreamliner, which is second only to the 737 Series, is the most important model family of the company.
The Boeing Company Revenues in Area of Defense, Security, and Space
In 2021, revenues from the Boeing Company’s defense and space & security segments amounted to approximately 26,540 million U.S. dollars. The total revenue of Boeing surpassed 62,286 million U.S. dollars in the same year.
The Boeing Company Revenues in Area of Services
In 2021, Boeing’s global services segment generated 16,328 million U.S. dollar revenues. This is a slight rise from the previous year, but not enough to recover from the COVID-19 epidemic.
Locations
Australia | Japan | Republic of Korea | China | Latin America | Russia/CIS | Europe | Canada | Saudi Arabia | India | Middle East, Turkey, & Africa (META) | Southeast Asia | Israel
Recent Developments:
2022
- Boeing signed an agreement with EPIC Fuels in February for two million gallons of mixed sustainable aviation fuel.
- Boeing received a US$99.8 Million contract from Tinker Air Force Base (Oklahoma) in February.
- Boeing obtained a modification to contract N0001919D0003 previously awarded by Naval Air Systems Command Patuxent River for US$95 million.
- Boeing received a US$16.3million contract from Hanscom Air Force Base in May for E-3 Replacement Study and Analysis.
- Boeing joined KF Aerospace and GE Aviation Canada, IMP Aerospace & Defence, Honeywell Aerospace Canada, and Raytheon Canada in June to offer maritime patrol airplanes (MPA) P-8A Poseidon as part of the Canadian multimission aircraft project.
- Boeing and the Ministry of Defense reached an agreement in January to provide long-term training support and sustainment for British Army’s 50 Apache AH-64E helicopters.
- Boeing announced that its global headquarters would be moving from Chicago to Arlington in May.
- TriMas Aerospace awarded contracts to TriMas Aerospace RSA Engineered Products in June to support the U.S. Air Force T-7A Red Hawk aircraft training program.
- Boeing formed a partnership with Virginia Tech and the Commonwealth of Virginia in June to establish The Boeing Center for Veteran Transition & Military Families. It is a new hub for families of veterans.
- Boeing received a modification to an earlier issued basic order agreement N0001916G0001 in June from Naval Air Systems Command at Patuxent River, Maryland.
2021
- Boeing received a US$189.3 million contract in January for the repair and maintenance of the F-15’s Eagle passive-active warning and survival system.
- Boeing won a US$1.7B contract with the US Air Force to purchase 12 KC-46A tanker planes in January.
- Boeing was awarded a contract by the U.S. Army to create a next-generation seeker for its Patriot Advanced Capability-3 (PAC-3) missile system.
- Boeing received a contract from BBAM Limited Partnership for six 737-880 Boeing converted freighters in January.
- Australia chose Boeing in January to supply its AH64E Apache Guardian helicopter replacement fleet.
- Boeing signed a contract for Lot 7 production KC-46 planes, subscriptions, licenses, and a G081 flat file in January.
- Boeing received a US$2.1billion contract from the U.S. Air Force to purchase 15 KC-46A oilers in January.
- In January, the company won a contract to supply six more solar arrays to International Space Station.
- The 2021 Martin Luther King Jr. Corporate Award was presented to the company by South Carolina Racial Justice Network in January.
- Boeing awarded US$58 million to BAE Systems for the March launch of LRIP for the F-15 Eagle passive alert and survivability system.
- Boeing awarded CAE a contract for the development of a P-8A operating flight trainer to Royal New Zealand Air Force in February.
- Boeing awarded a contract to 777 Partners in March for the delivery of 24 Boeing 737 MAX planes.
- Boeing awarded Triumph Systems & Support a contract for maintenance of ground support equipment (GSE), in March.
- In April, Boeing’s Boeing Commercial Airplanes unit announced it was extending its component supply contract to Magellan Aerospace.
- Boeing and Alaska Airlines signed an agreement in March to purchase 23 737-9 planes and 15 options.
- Boeing won a contract to supply integrated logistics support to the Israeli Air Force Apache helicopters in April.
- Silk Way West Airlines offered five 777 Freighters to Boeing in April.
- Boeing obtained approval from U.S. Federal Aviation Administration to fix an electrical issue that was affecting several 737 MAX planes in May.
- Boeing’s Boeing Commercial Airplanes and Triumph Group signed numerous extensions of contracts in May for critical component supply.
