The Boeing company

Boeing company

William Boeing founded his company a few months after the June 15 maiden flight of one of the two "B&W" seaplanes built with the assistance of George Conrad Westervelt, a U.S. Navy engineer. Boeing and Westervelt decided to build the B&W seaplane after having flown in a Curtiss aircraft. Boeing bought a Glenn Martin "Flying Birdcage" seaplane (so called because of all the guy-wires holding it together) and was taught to fly by Glenn Martin himself. Boeing soon crashed the Birdcage and when Martin informed Boeing that replacement parts would not become available for months, Boeing realized he could build his own plane in that amount of time. He and his friend Cdr. G.C. Westervelt agreed to build a better airplane and soon produced the B&W Seaplane. This first Boeing airplane was assembled in a lakeside hangar located on the northeast shore of Seattle's Lake Union. Many of Boeing's early planes were seaplanes.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, as well as provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spares, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment is involved in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems for the global strike and vertical lift, and unmanned airborne systems programs, as well as mobility, surveillance, and engagement. The Network & Space Systems segment engages in the research, development, production, and modification of electronics and information solutions; strategic missile and defense systems; space and intelligence systems; and space exploration products. The Global Services and Support segment offers integrated logistics, including supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services, such as pilot and maintenance training. The Boeing Capital segment facilitates, arranges, structures, and provides financing solutions, such as equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease, and investments for its commercial airplanes customers. The Boeing Company was founded in 1916 and is based in Chicago, Illinois.

Boeing Co., which is headquartered in Chicago, is a leading manufacturer of commercial jets, as well as defense, space and security systems. It is the world’s largest aerospace company. Boeing traces its roots to Pacific Aero Products Co., incorporated in 1916 by William Boeing, who was inspired by early aviators and confident he could manufacture more practical airplanes; a year later he renamed the company Boeing Airplane Co. Boeing today has more than 169,000 employees in over 65 countries. Boeing’s best-known products are probably its commercial jetliners, including the 737, 747, 767, 777 and 787 families of airplanes.

Career Areas Boeing is a company of bold innovators and dreamers. We are continually looking for ways to build it bigger, smarter, faster, stronger and better. Join us and you can speed up airplane production. Develop innovative cybersolutions. Or shape a global supply chain. Find your future with us by learning more about what we do. Search our jobs in every category. Business Cybersecurity Engineering Information Technology Manufacturing Explore our careers Life at Boeing We’re a company filled with inquisitive, energetic, enterprising and talented people. Find out what’s important to us and what inspires us to do amazing things together. Innovation Environment Diversity Community Engagement Building Leaders Business Resource Groups Learn more Benefits Boeing provides employees and their families a wide range of affordable, market-leading benefits. We offer many valuable health and well-being benefits programs to help employees and their families better manage the various phases of life. Learn about our benefits College and Entry Level Boeing is where you can begin your career collaborating with amazing people on amazing products. You’ll work alongside designers and builders. Collaborate with thinkers and dreamers. And team up with experts in just about every field. Learn More Veterans During your service in the Armed Forces, you protected freedom. And you lived the tenets of discipline, excellence and precision. Today, you can join the more than 20,000 reservists and veterans who made the transition to the private sector and still continue their mission. Learn more Events We attend and sponsor many career events throughout the year. You have a great opportunity to meet Boeing recruiters, ask questions and get a better sense of our company and career opportunities. Upcoming events My Account Apply for jobs, check the status of jobs you’ve applied for and sign up for email alerts. Login/Register

The Air Mail Act of 1934 prohibited airlines and manufacturers from being under the same corporate umbrella, so the company split into three smaller companies – Boeing Airplane Company, United Airlines, and United Aircraft Corporation, the precursor to United Technologies. As a result, William Boeing sold off his shares and left Boeing. Claire Egtvedt, who had become Boeing's president in 1933, became the chairman as well. He believed the company's future was in building bigger planes. Work began in 1936 on Boeing Plant 2 to accommodate the production of larger modern aircraft.

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.

Boeing is the world's top manufacturer of commercial airplanes, including well-known aircraft such as the 787 and the 747. The company is also a leading military supplier, making fighter-bombers, transport planes and the Apache helicopter. Show More Information About Boeing Co Along with rival Lockheed Martin, the company regularly lobbies Congress to win military contracts and increase defense spending. Boeing is a major supporter of free trade, especially in Asia, where it has focused on selling more planes. The company also lobbies on environmental rules and transportation regulations, among other issues. Boeing is also a large recipient of government loan-guarantees, primarily coming from the Export-Import Bank of the United States.

Headquartered in Chicago, Illinois, Boeing was originally founded in the 1910s in Seattle, Washington. After a series of mergers and splits (in which today's United Airlines was spun out, among others), Boeing emerged in the fifties as the premier US aircraft manufacturer, participating heavily in government air defense projects. It was not until 1958 that Boeing began delivery of its first commercial airplanes, the segment for which it is most commonly recognized today. Although Boeing is today perceived primarily as a maker of commercial planes, for much of its history, the company's involvement in space and defense programs has actually overshadowed its commercial airplanes manufacturing.

Boeing was a major producer of small turbine engines during the 1950s and 1960s. The engines represented one of the company's major efforts to expand its product base beyond military aircraft after World War II. Development on the gasoline turbine engine started in 1943 and Boeing's gas turbines were designated models 502, 520, 540, 551 and 553. Boeing built 2,461 engines before production ceased in April 1968. Many applications of the Boeing gas turbine engines were considered to be firsts, including the first turbine-powered helicopter and boat.

In 1923, Boeing began a competition against Curtiss for a contract to develop a pursuit fighter for the U.S. Army Air Service. Although Curtiss finished its design first and was awarded the contract, Boeing continued to develop its PW-9 fighter. That plane, along with the Boeing P-12/ F4B fighter, made Boeing a leading manufacturer of fighters over the course of the next decade.

In 1983, the economic situation began to improve. Boeing assembled its 1,000th 737 passenger aircraft. During the following years, commercial aircraft and their military versions became the basic equipment of airlines and air forces. As passenger air traffic increased, competition was harder, mainly from Airbus, a European newcomer in commercial airliner manufacturing. Boeing had to offer new aircraft, and developed the single-aisle 757, the larger, twin-aisle 767, and upgraded versions of the 737. An important project of these years was the Space Shuttle, to which Boeing contributed with its experience in space rockets acquired during the Apollo era. Boeing participated also with other products in the space program, and was the first contractor for the International Space Station program.

On January 11, 2005, Boeing and Airbus agreed that they would attempt to find a solution to the dispute outside of the WTO. However, in June 2005, Boeing and the United States government reopened the trade dispute with the WTO, claiming that Airbus had received illegal subsidies from European governments. Airbus has also responded to this claim against Boeing, reopening the dispute and also accusing Boeing of receiving subsidies from the U.S. Government.

Bibliography

Boeing 1970, Viewed 21 November 2015, <https://en.wikipedia.org/wik