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Following recent safety incidents, Boeing has fundamentally refocused on safety and quality, with 60% of employee bonuses now tied to safety and quality metrics for non-unionized staff, reflecting the company's commitment to rebuilding its safety culture.

Safety First

With CEO Kelly Ortberg being an engineer and choosing to work from Seattle near manufacturing facilities, Boeing is returning to its engineering roots and prioritizing technical expertise in decision-making.

Engineering Excellence

Boeing operates nine employee Business Resource Groups (BRGs) that help build a pipeline of excellence and foster a workplace where all teammates feel respected, valued, and able to contribute to advancing Boeing's mission.

Inclusion & Diversity

After receiving 'brutal' employee feedback, Boeing established new core values emphasizing collaboration with humility, transparency, and a willingness to learn from mistakes and improve continuously.

Collaboration with Humility

Boeing is committed to delivering products and services that meet the highest quality standards, operating with integrity in all business dealings, and maintaining accountability to customers, employees, and stakeholders.

Quality & Integrity

Boeing is the world's largest aerospace manufacturer and fourth-largest defense contractor, designing and manufacturing commercial airplanes, defense systems, satellites, and space systems. With over 14,000 airplanes in service globally, Boeing connects people and economies through its 737, 777, and 787 Dreamliner aircraft families while supporting defense and space missions worldwide.

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Kelly Ortberg

President & Chief Executive Officer

Brian West

Executive Vice President & Chief Financial Officer (through August 2025)

Jesus 'Jay' Malave

Incoming Executive Vice President & Chief Financial Officer (effective August 2025)

The Boeing Company is an American multinational corporation that designs and manufactures airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue and is the largest exporter in the United States by dollar value. Boeing was founded in 1916 by William E. Boeing in Seattle, Washington. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. As of 2023, the Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington County, Virginia. The company is organized into three primary divisions: Boeing Commercial Airplanes, Boeing Defense, Space & Security, and Boeing Global Services. In 2021, Boeing recorded $62.3 billion in sales.

American global aerospace and defense corporation

Boeing's best-selling single-aisle commercial aircraft family featuring fuel-efficient engines, advanced aerodynamics, and modern flight deck. The 737 MAX offers simple, robust, and reliable design with industry-leading utilization, though it faced a worldwide grounding from 2019-2020 following safety issues.

737 MAX Family

Advanced wide-body aircraft featuring majority carbon fiber reinforced polymer (CFRP) airframe construction. The 787 offers exceptional fuel efficiency, passenger comfort, and range, with variants including the 787-8, 787-9, and 787-10 serving routes worldwide.

787 Dreamliner

Large twin-engine wide-body aircraft family including the proven 777 and next-generation 777X variants. The 777X features folding wingtips and advanced GE9X engines, though first deliveries have been delayed to 2027 due to certification and technical challenges.

777 & 777X Family

Mid-size wide-body aircraft serving as freighter and military tanker (KC-46). The 767 continues in production primarily for cargo and military applications, offering proven reliability for both commercial and defense customers.

767 Freighter & Tanker

Combat-proven multi-role strike fighter available in single-seat (E) and two-seat (F) variants. The Super Hornet performs air superiority, strike, reconnaissance, and tanker missions for the U.S. Navy and international customers, built at Boeing's St. Louis facility.

F/A-18 Super Hornet

Advanced fighter aircraft family including the F-15E Strike Eagle, F-15EX Eagle II, and international variants. The F-15 platform continues to receive upgrades and new orders, maintaining air superiority capabilities for the U.S. Air Force and allied nations.

F-15 Eagle Family

Heavy-lift tandem rotor helicopter serving U.S. Army and 20 international operators. The Block II Chinook features redesigned fuel tanks, strengthened fuselage, and improved drivetrain, operating at altitudes up to 20,000 feet for cargo transport, troop movement, and special operations.

CH-47 Chinook

Advanced attack helicopter manufactured in Mesa, Arizona. The Apache provides close air support, reconnaissance, and precision strike capabilities for the U.S. Army and international customers with advanced sensors and weapons systems.

AH-64 Apache

Reusable crew spacecraft designed to transport astronauts to the International Space Station under NASA's Commercial Crew Program. The Starliner consists of a crew capsule and expendable service module, though it faced thruster malfunctions during its 2024 crewed test flight.

CST-100 Starliner

Boeing serves as prime contractor for NASA's Space Launch System heavy-lift rocket, including the core stage, upper stage, and avionics. The SLS enables deep space missions to the Moon, Gateway cislunar outpost, and eventually Mars.

Space Launch System (SLS)

Comprehensive aftermarket services including maintenance, modifications, upgrades, spare parts, training, and technical support for Boeing and third-party aircraft. Global Services generates recurring revenue and strengthens customer relationships across commercial and defense portfolios.

Global Services & Support

Boeing resumed production of 737 MAX, 777, and 767 aircraft in January 2025 after a seven-week machinist strike ended in November 2024. The company is working to gradually rebuild production rates while maintaining focus on quality and safety standards under CEO Kelly Ortberg's leadership.

Boeing Resumes Production Following Strike Resolution

Boeing reported full-year 2024 revenue of $66.5 billion (down 14.5% from 2023) and a net loss of $11.8 billion. Fourth quarter revenue was $15.2 billion with loss per share of $5.46, reflecting impacts from the machinist strike, door plug incident, defense program charges, and workforce reductions. The company ended 2024 with a backlog of $521 billion.

Boeing Reports $11.8 Billion Loss for 2024, Revenue Declines 14.5%

Boeing announced further delays to the 777X program, with first deliveries now expected in 2027 rather than 2026. The delay follows certification challenges and technical issues including structural damage discovered during testing. The 777X program has accumulated over $11 billion in overruns, with this latest delay potentially adding up to $4 billion in additional costs.

Boeing 777X Deliveries Delayed Again to 2027

Boeing announced that Jesus 'Jay' Malave, former CFO of Lockheed Martin, will become Executive Vice President and CFO effective August 15, 2025. Brian West, who served as CFO for four years and guided Boeing through a historic capital raise, will transition to senior advisor role. The leadership change signals Boeing's focus on financial recovery.

Boeing Announces CFO Transition: Jay Malave to Replace Brian West

Boeing won a $36 billion order from Turkey's Pegasus Airlines for 737 MAX aircraft, beating competitor Airbus in a significant commercial victory. The company also announced a $1 billion investment in its 787 Dreamliner program in South Carolina with plans to increase production to 10 aircraft per month by 2026.

Boeing Secures $36 Billion Order from Pegasus Airlines

Boeing machinist workers accepted a new labor contract on November 5, 2024, ending a seven-week strike that halted production of 737 MAX, 777, and 767 aircraft. The strike began September 13 after 94.6% of workers rejected an earlier contract offer. The work stoppage significantly impacted Boeing's fourth quarter financial results and production schedules.

Boeing Workers End Seven-Week Strike, Accept New Contract

Boeing's board named aerospace veteran Kelly Ortberg as President and CEO effective August 8, 2024. Ortberg, 64, former CEO of Rockwell Collins with 35 years of aerospace experience, was tasked with rebuilding Boeing's safety culture and restoring production stability. He chose to be based in Seattle near manufacturing facilities rather than corporate headquarters in Arlington, Virginia.

Kelly Ortberg Named Boeing CEO, Focuses on Safety Culture Rebuild

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boeing

aviation

MechanicalEngineering

NoStupidQuestions

Salary

BOEING CO

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William E. Boeing incorporated Pacific Aero Products Company on July 15, 1916, one month after the successful first flight of the B&W seaplane. The company was renamed Boeing Airplane Company on April 18, 1917.

Boeing Company Founded

The Boeing 737 made its maiden flight on April 9, 1967, launching what would become the best-selling commercial jetliner in aviation history. The 737 entered service in 1968 and continues in production today.

Boeing 737 First Flight

The revolutionary Boeing 747 had its first flight on February 9, 1969, transforming air travel with its unprecedented size, range, and capacity. The 747 made long-haul travel accessible and affordable, earning the nickname 'Queen of the Skies.'

Boeing 747 'Jumbo Jet' First Flight

Boeing acquired Rockwell Aerospace for approximately $3 billion, expanding its defense and space capabilities and adding key assets including space systems and defense electronics.

Acquired Rockwell Aerospace

Boeing completed its merger with McDonnell Douglas on August 1, 1997, in a $13 billion stock swap. The merger combined two aerospace giants, with Boeing as the surviving company, consolidating much of the U.S. aerospace industry.

McDonnell Douglas Merger Completed

Boeing's corporate headquarters moved from Seattle to Chicago after 85 years in the Pacific Northwest, following the 1997 McDonnell Douglas merger. The move was incentivized with over $60 million in tax breaks from Illinois.

Headquarters Moved to Chicago

The Boeing 787 Dreamliner entered service on September 26, 2011, with launch customer All Nippon Airways. The 787 introduced revolutionary composite materials and next-generation efficiency, though it faced significant development delays and cost overruns.

787 Dreamliner Enters Service

Following two fatal crashes (Lion Air Flight 610 in October 2018 and Ethiopian Airlines Flight 302 in March 2019), the Boeing 737 MAX was grounded worldwide on March 13, 2019. The grounding lasted until November 2020, representing the longest grounding in aviation history and revealing serious design flaws in the flight control system.

737 MAX Grounded After Fatal Crashes

Boeing announced its global headquarters would move from Chicago to Arlington, Virginia (Crystal City neighborhood), positioning leadership closer to key government customers and defense operations in the Washington, D.C. area.

Headquarters Relocated to Arlington, Virginia

On January 5, 2024, a door panel blew off an Alaska Airlines 737 MAX 9 at 16,000 feet shortly after takeoff from Portland. Investigation revealed four bolts were missing when the aircraft was delivered, exposing serious quality control failures at Boeing's Renton factory.

737 MAX 9 Door Plug Incident

Boeing's board named aerospace veteran Kelly Ortberg as President and CEO effective August 8, 2024, succeeding Dave Calhoun. Ortberg, former CEO of Rockwell Collins, was tasked with rebuilding Boeing's safety culture and restoring production stability.

Kelly Ortberg Appointed CEO

94.6% of Boeing machinist workers rejected a contract offer and voted to strike on September 12, 2024. The strike halted production of 737 MAX, 777, and 767 aircraft for seven weeks before workers accepted a new deal on November 5, 2024.

Seven-Week Machinist Strike

Boeing announced plans to cut 17,000 jobs (approximately 10% of workforce) and delay the 777X first delivery by one year to 2026 (later pushed to 2027). The company recorded $5 billion in third-quarter losses.

Announced 17,000 Job Cuts and 777X Delay

Boeing won a $36 billion order from Turkey's Pegasus Airlines, beating competitor Airbus. The company also announced a $1 billion investment in its 787 Dreamliner program in South Carolina with plans to produce 10 planes per month by 2026.

Secured $36 Billion Pegasus Airlines Order

Boeing resumed production of 737 MAX, 777, and 767 aircraft in January 2025 following the resolution of the seven-week machinist strike, working to rebuild production rates while maintaining quality and safety standards.

Production Resumed After Strike

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