The Boeing Company 2007 Annual Report
This Page Intentionally Left Blank
The Boeing Company 2007 Annual Report
Leading the Way
Vision 2016: People working together as a global enterprise for aerospace leadership
The Boeing Company
Boeing is the world’s leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined, providing products and tailored services to airlines and U.S. and allied armed forces around the world. Our capabilities include rotorcraft, electronic and defense systems, missiles, satellites, launch systems and advanced
information and communication systems. Our reach extends to customers in more than 90 countries around the world, and we are a leading U.S. exporter in terms of sales. With corporate offices in Chicago, Boeing employs more than 159,300 people in 49 American states and 70 countries. Our enterprise also leverages the talents of hundreds of thousands more people working for Boeing suppliers worldwide.
Table of Contents
1 2 7 8 10 12 14 16 Operational Highlights Message to Shareholders Executive Council Boeing Commercial Airplanes Boeing Integrated Defense Systems Serving Our Customers Global Presence Technology 20 80 87 88 89 18 Pioneering Environmental Performance Financials Selected Programs, Products and Services Board of Directors Company Officers Shareholder Information
1
Operational Highlights
I Achieved records for revenues,
earnings, cash flow and backlog. Revenue rose 8 percent to $66.4 billion; net income grew 84 percent to $4.1 billion; cash flow rose 28 percent to $9.6 billion; and total backlog increased more than 30 percent to $327 billion.
I Set company record for commercial
and services programs, leading to overall company margins of 8.8 percent and simultaneous double-digit operating margins for the year in both our commercial airplane and defense businesses for the first time ever (10.7 percent each).
I Captured nine out of 11 major
airplane orders and a third consecutive
The Boeing Company 2007 Annual Report
Leading the Way
Vision 2016: People working together as a global enterprise for aerospace leadership
The Boeing Company
Boeing is the world’s leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined, providing products and tailored services to airlines and U.S. and allied armed forces around the world. Our capabilities include rotorcraft, electronic and defense systems, missiles, satellites, launch systems and advanced
information and communication systems. Our reach extends to customers in more than 90 countries around the world, and we are a leading U.S. exporter in terms of sales. With corporate offices in Chicago, Boeing employs more than 159,300 people in 49 American states and 70 countries. Our enterprise also leverages the talents of hundreds of thousands more people working for Boeing suppliers worldwide.
Table of Contents
1 2 7 8 10 12 14 16 Operational Highlights Message to Shareholders Executive Council Boeing Commercial Airplanes Boeing Integrated Defense Systems Serving Our Customers Global Presence Technology 20 80 87 88 89 18 Pioneering Environmental Performance Financials Selected Programs, Products and Services Board of Directors Company Officers Shareholder Information
1
Operational Highlights
I Achieved records for revenues,
earnings, cash flow and backlog. Revenue rose 8 percent to $66.4 billion; net income grew 84 percent to $4.1 billion; cash flow rose 28 percent to $9.6 billion; and total backlog increased more than 30 percent to $327 billion.
I Set company record for commercial
and services programs, leading to overall company margins of 8.8 percent and simultaneous double-digit operating margins for the year in both our commercial airplane and defense businesses for the first time ever (10.7 percent each).
I Captured nine out of 11 major
airplane orders and a third consecutive