Preview

Boeing E-enabled Advantages

Powerful Essays
Open Document
Open Document
1668 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Boeing E-enabled Advantages
Introduction on BOEING

Boeing is an American multinational corporation that designs, manufactures and sells fixed-wing aircraft, rotorcraft, rockets and satellites. It also provides leasing and product support services. Boeing is among the largest global aircraft manufacturers, is the second-largest aerospace & defense contractor in the world based on 2012 revenue and is the US' largest exporter by dollar value. Boeing stock is a component of the Dow Jones Industrial Average.
The Boeing Company's corporate headquarters are located in Chicago and the company is led by Chairman and CEO James McNerney. Boeing is organized into five primary divisions: Boeing Commercial Airplanes (BCA); Boeing Defense, Space & Security (BDS); Engineering, Operations & Technology; Boeing Capital; and Boeing Shared Services Group. In 2013, Boeing recorded $86.623 billion in sales, ranked 30th on the Fortune magazine "Fortune 500" list (2013), ranked 95th on the "Fortune Global 500" list (2013), and ranked 26th on the "World's Most Admired Companies" list (2013).
The success of this aviation company began when the founder of Boeing, William E.Boeing, bought a shipyard in Seattle on the Duwamish River, which later became his first airplane factory. Boeing, a graduate from Yale University incorporated Boeing on July 15. 1916 as ‘Pacific Aero Products Co.’ which later transformed the company into a world’s largest aircraft manufacturer throughout the aviation history. Between World War I and II, Boeing grew to be one of the largest aircraft by supplying the military with training and fighting planes, pioneering airmail planes and routes, and developing early passenger planes. During World War II, Boeing was ‘one of the country’s leading defense and space contractors’. The B-17 “Flying Fortress” and B-29 ‘Super Fortress’ bombers were an essential military force, and the B-52, and eight-engine bomber that made debut in 1952, had been used in the Vietnam War, the Persian Gulf-War

You May Also Find These Documents Helpful

  • Good Essays

    Ba 353

    • 563 Words
    • 3 Pages

    In 2011, the company’s revenue grew to 68.735 billion dollars when the profit was 4.018 billion dollars. Boeing holds contracts with 26,500 suppliers and partners globally. Boeing Company is planning to expand its market by getting 34,000 new airplanes that are worth 4.5 trillion dollars. By doing that they will replace their older airplanes and will improve the emerging markets along with innovation in airline business models.…

    • 563 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    In this paper Team C has selected to report financial outcomes for the Boeing Company. We will compare and contrast three potential financial outcomes that we envision for the initiative in using the most recent annual report and other financial statements. We will evaluate our discoveries to determine the most likely outcome. We will also include calculations that support our analysis of various financial outcomes and discuss the financial effect on Boeing. Boeing is the largest global aircraft producer that started in the mid-1916 and continues to grow by producing the biggest aircrafts and improving them with today’s technologies.…

    • 1823 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Boeing Financial Analysis

    • 9354 Words
    • 38 Pages

    The Boeing Corporation, originally Pacific Aero Products Company, was established in 1916 in the Washington Puget Sound region. The company was originally incorporated to build aircraft, air mail delivery, and pilot training, but was broken up by the government in 1934 creating United Airlines and Boeing Aircraft Company. During the first 97 years the company expanded through strategic mergers and acquisitions of storied aerospace pioneering companies into the $81.7 billion dollar company it is today. Many of the companies are household names with the older generations: North American Aviation, McDonnell Douglas, Rockwell International, Hughes Space & Communications, and Jeppesen. Through these expansions, Boeing has become the world’s largest and most diversified player in the aerospace and defense industry. Ranked in the top of U.S. exporters, Boeing supports airlines as well as the U.S. and allied government customers in 150 countries. The company is divided into two major business units supported by nine corporate functions. The two business units are Commercial Airplanes (60%) and Defense, Space & Security.…

    • 9354 Words
    • 38 Pages
    Powerful Essays
  • Powerful Essays

    BAL case study

    • 1393 Words
    • 6 Pages

    Boeing Australia Limited (BAL) is a global extension of the Boeing Company whose head office locates in the United States.…

    • 1393 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    mkt 474

    • 5637 Words
    • 23 Pages

    Boeing Company, America’s largest exporter—producing a marketing of commercial aircraft and space vehicles requires millions from around the world to work together and no company does more to enable people from all countries to meet face to face for both recreation and commerce---the result is personal relationships and mutual understanding which in latter, are the foundation of global peace and prosperity…

    • 5637 Words
    • 23 Pages
    Better Essays
  • Good Essays

    Soon to celebrate a 100-year anniversary, The Boeing Company was founded in 1916 and had 28 people on its payroll. Today, The Boeing Company has more than 170,000 employees, in 50 states and 70 countries and is the largest manufacturer of commercial airplanes and military aircraft (“The Boeing Company,” 2012). Boeing is structured around a business model that sets it apart from other companies. This model consists of six parts. They are chart the course, set high expectations, inspire others, find a way, live Boeing values, and deliver results. These six parts fall into the four categories of trust, conflict resolution, commitment, and accountability. Every Boeing facility adheres to this model, whether it is the Commercial Division or the Defense/Space Division. This is called the “One Boeing” approach with everyone working together for the common goal. Following this business model has allowed Boeing to become an industry leader.…

    • 763 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Boeing is an aerospace cooperation that has been around since 1916. William E. Boeing, and a former U.S. Navy officer named Conrad Westervelt discovered the cooperation. They started out with a two seated single-engine seaplane called B&W. About a year later, the company was known as the Boeing Airplane Company. During the 1920 through the 1930s, the company sold several types of planes and their patrol bombers to the United States military. Around 1928 Boeing Airplane & Transport Corporation was established. Boeing is recognized as one of the largest global aircraft manufacturers in the world. They come in second as possessing the largest aerospace and defense contract. They are well-known for two of their commercial flights such as the 777 and 787. Boeing cooperation needs to enhance their working capital policy to ensure continues growth and success. Team B will discuss our recommendation by providing three working capital policy strategies, such as the aggressive approach, matching approach, and the conservative approach to the cooperation for their approval. We will create a pro forma budget to define the working capital budget and financial recommendations for the next five years.…

    • 5041 Words
    • 21 Pages
    Good Essays
  • Good Essays

    William Boeing became fascinated with planes after flying in a hydroplane over Lake Washington in 1914. Boeing and his close friend, Conrad Westervelt, decided they could build a better plane after a few more sessions. A small building housed the first design of the Boeing plane and on June 15, 1916 the B&W Model 1 was born. Now, Boeing is the largest aircraft company in the world.…

    • 1205 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Boeing 707

    • 2133 Words
    • 9 Pages

    In 2004, Boeing was one of the United States' largest manufacturers, with nearly 160,000 employees and a net income of$I.87 billion. It was the world's largest acrospace company, and, for decades, had dominated the world's commercial Copyright © 2006 President and Fellows of Harvard College. Harvard Business School Case 807-011. Professors Lynda M. Applegate and Joseph S. Valacich (Washington State University) and Research Associates Mara E. Vatz and Christoph Schneider prepared this case as the basis for class discussion rather than to illustrate effective or ineffective management.…

    • 2133 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    The government department is mainly responsible for ensuring that all of the products that Boeing produces and…

    • 467 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Boeing Paper

    • 37585 Words
    • 151 Pages

    The Boeing Company is the world’s largest aerospace company and a leading producer of commercial aircrafts and defense, space and security systems. It was founded in 1916 by William E. Boeing in Seattle Washington. In 1997, the company merged with McDonnell Douglas and moved its corporate headquarters from Seattle to Chicago, Illinois. Boeing is comprised of multiple business units which act as independent businesses within the corporation. These units include: Boeing Commercial Airplanes, Boeing Defense, Space & Security, Engineering, Operations & Technology, Boeing Capital, and Boeing Shared Services Group.…

    • 37585 Words
    • 151 Pages
    Powerful Essays
  • Good Essays

    Career Interest Paper

    • 1524 Words
    • 7 Pages

    Two branches of Technology are Engineering and business. An Engineer has the ability pursue a variety of occupations that he/she may focus on as a career. Aviation Engineering is a type certification that allows an individual to maintain, repair, and create blueprints to aircrafts and helicopters, as well as private planes. Boeing Aircrafts would be the ideal Business for this type of technology. Boeing Aviation Company, not only employs Engineers, but they also manufacture modern day aircrafts. It is a business that is built for the aviation market, and is outsourced and sold to different companies such as, Continental Airlines and Jet Blue. It is a profitable business for all companies involved; Boeing would either rent a certain amount of aircrafts to a company and or sell them as fleet. The price range for a Boeing Aircraft model 777 lists from 200-250 million per…

    • 1524 Words
    • 7 Pages
    Good Essays
  • Good Essays

    In this paper the company Boeing will be evaluated with using the organizing function of management. The paper will show how the organizing function relates to the physical assets, monetary, human resources, knowledge, and technology. It will also be shown how Boeing uses these resources for effectiveness and efficiency.…

    • 1043 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Research Paper On Boeing

    • 700 Words
    • 3 Pages

    William E. Boeing was a man that founded the Boeing Company on July 15, 1916, in Seattle, Washington. William E. Boeing made a timber company in seattle before founding Pacific Aero Products Co, which would eventually be named…

    • 700 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Airbus is a consortium of European aircraft manufacturers formed in 1970; Boeing Company was founded in 1916 as the world's largest private commercial aircraft manufacturer in the USA; and finally McDonnell Douglas, considered the third major manufacturer, began operations since 1920 working essentially for the US government, manufacturing military aircrafts.…

    • 1675 Words
    • 5 Pages
    Good Essays