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Essay on The Boeing Company
The Boeing Company operates in four principal segments: Commercial Airplanes, Military Aircraft and Missile Systems, Space and Communications and Boeing Capital Corporation (BCC). Commercial Airplanes operations principally involve development, production and marketing of commercial jet aircraft and providing related support services. Military Aircraft and Missile Systems operations principally involve research, development, production, modification and support of military aircraft, both land-based and aircraft-carrier-based, as well as helicopters and missiles. Space and Communications operations principally involve research, development, production, modification and support of space systems, missile defense systems, satellites and satellite launching vehicles, rocket engines and information and battle management systems. BCC is primarily engaged in the financing of commercial and private aircraft and commercial equipment
The Boeing Company is a leading American aircraft and aerospace manufacturer, headquartered in Chicago, Illinois, with its largest production facilities in Everett, Washington, near Seattle, Washington. It is also a defense contractor, and a component of the Dow Jones Industrial Average.
The Boeing Corporation is best known to the general public for its line of civilian aircraft, the most famous being the Boeing 747. Weapons sales of $27bn comprise more than half of company revenue, making Boeing the second largest defense manufacturer in the world. Military products include the C-17 Globe master Transport, F-15 Fighter, AH-64 Apache Attack Helicopter, MH-47 Chinook Helicopter and the Hellfire Missile. The company is the main contractor for the Star Wars missile system.
Boeing's two principal divisions are Boeing Integrated Defense Systems (IDS), responsible for military and space products, and Boeing Commercial Airplanes (BCA), responsible for civil airliners. Before 1950s the company was founded in Seattle by William E. Boeing on July 15, 1916, together with George Conrad Westervelt, a U.S. Navy engineer, and was named ‘B&W’ after their initials. Soon the name was changed to ‘Pacific Aero Products’ and, in 1917; the company became the “Boeing Airplane Company” (Lynn, 1997)....
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