Boeing Corporation

The Boeing Company

Type	Public
Traded as	: BA DJIA Component S&P 100 Component S&P 500 Component
Industry	Aerospace Defense
Founded	July 15, 1916; 100 years ago (1916-07-15) (as Pacific Aero Products Co.) Seattle, Washington, U.S.
Founder	William Boeing
Headquarters	Chicago, Illinois, U.S.
Area served	Worldwide
Key people	Dennis Muilenburg (CEO, Chairman, President) Raymond Conner (Vice Chairman)
Products	737, 747, 767, 777, 787 F/A-18E/F Super Hornet CH-47 Chinook 702 satellite family
Production output	762 aircraft (2015) 4 satellites (2015)
Services	Leasing Support solutions
Revenue	US$94.571 billion (2016)
Operating income	US$5.834 billion (2016)
Net income	US$4.895 billion (2016)
Total assets	US$89.997 billion (2016)
Total equity	US$877 million (2016)
Number of employees	147,683 (Feb 23, 2017)
Divisions	Boeing Commercial Airplanes Boeing Defense, Space & Security Boeing Capital Engineering, Operations & Technology Boeing Shared Services Group
Subsidiaries	Aviall Services Boeing Aircraft Holding Company Boeing Australia Boeing Canada Boeing Capital Corporation Boeing Commercial Space Company Boeing Defence UK Jeppesen
Website	boeing.com

The Boeing Company (/ˈboʊ.ɪŋ/) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, and satellites worldwide. The company also provides leasing and product support services. Boeing is among the largest global aircraft manufacturers; it is the second-largest defense contractor in the world based on 2015 revenue, and is the largest exporter in the United States 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 President and CEO Dennis Muilenburg. 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 2015, Boeing recorded $96.11 billion in sales, ranked 27th on the Fortune magazine "Fortune 500" list (2015), ranked 90th on the "Fortune Global 500" list (2015), and ranked 27th on the "World's Most Admired Companies" list (2015).

In March 1910, William E. Boeing bought Heath's shipyard in Seattle on the Duwamish River, which later became his first airplane factory. Boeing was incorporated in Seattle by William Boeing, on July 15, 1916, as "Pacific Aero Products Co". Boeing was later incorporated in Delaware, the original Certificate of Incorporation was filed with the Secretary of State of Delaware on July 19, 1934. Boeing, who studied at Yale University, worked initially in the timber industry, where he became wealthy and learned about wooden structures. This knowledge proved invaluable in his subsequent design and assembly of airplanes. The company stayed in Seattle to take advantage of the local supply of spruce wood.