Boeing Company

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Boeing-Company.svg

Boeing is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. Net sales break down by market as follows:

  • 60%: Commercial aviation; the group also supplies spare parts and offers technical support, maintenance and engineering services;
  • 23%: Defense: military aircraft and mobility systems (warplanes, helicopters, and air defense missiles), support services (logistics, engineering, maintenance and training services) and space equipment (satellites, launch pads, etc.).
  • 17%: Other: financing commercial and private aircraft, as well as leasing aeronautical equipment.

Company

Shareholders

Total float: 55.6%
Source: MarketScreener.svg, Mar.2020

Timeline

ToDo: link

Articles

  • Jan.09.2019: Ousted Boeing CEO Dennis Muilenburg to receive $60m in stock and pension. Muilenberg is contractually entitled to receive $62.2m in stock and pension awards. Muilenberg presided over Boeing as two of its top-selling 737 Max jets crashed, killing 346 people. On Thursday Boeing released emails to a congressional committee investigating the tragedies in which its own executives mocked the regulator, joked about safety and said the Max had been “designed by clowns”. Boeing and the FAA were aware of potential problems with the anti-stall software Maneuvering Characteristics Augmentation System (MCAS) installed on the Max that has been blamed for both crashes. The issues were ignored even after the Lion Air disaster as the FAA gave Boeing breathing space to address a problem that the regulator predicted could lead to one fatal crash about every two or three years without intervention. Dominic Rushe, The Times.