It was announced the other week that the Chicago based aerospace company Boeing earned a $35 billion dollar contract to create aircrafts for the US Air Force. Each air craft is reported to have a price of $145 million dollars. Boeing is an American company that may be most famous for their commercial aircrafts including the Boeing 737, 747 and 767. Boeing currently operates out of several states across the US; their major locations include Washington State, California, and Missouri. What does this mean? The Boeing Air Force Contract means American Money and more American Jobs. The Boeing Company has not yet announced if this new $35 billion dollar contract will create new job opportunities for Americans, but it will definitely secure the jobs of current employees.
The Boeing Company was founded in 1916 in the state of Washington. It is good to see that over the years they have kept their roots in their hometown as they still have their largest operation out of the state of Washington. However, in 2001 the headquarters moved to Chicago Illinois.
The Boeing Company is composed of several different lines of business which include Boeing Commercial Airplanes, Boeing Defense Space and Security, Boeing Capital Corporation, and Boeing Shared Services Group. The Boeing Company has over 150,000 employees; they are the world’s largest aircraft manufacture with clients such as NASA and the US Military. Boeing is also one of the largest US exporters with clients in over 90 countries.
The Boeing Company prides itself on sustainability with core corporate values, ethics, human rights, as well as health and safety. The Boeing Company values include Leadership, Integrity, Quality, Customer Satisfaction, People Working Together, A Diverse and Involved Team, Good Corporate Citizenship, and Enhancing Shareholder Value.
Although it may be hard to believe that aircrafts can be environmentally friendly, but The Boeing Company is committed to the environment. It’s good to know that Corporations can have a “heart” when it comes to our planet. The Boeing Company supports the global aviation industry’s commitment to carbon neutral growth via the Air Transport Action Group Climate Change Declaration. We know that going green can be a long process, but I am pleased to know that The Boeing Company is on the right path.
With their diverse product offering and their global dominance, it is certain that The Boeing Company has definitely made a name for itself in the Aerospace industry. Since the announcement of the Air Force contract on February 24th, The Boeing Company (symbol BOE.L) stock has significantly increased.
(Photo by Armchair Aviator)
You might want to check the spelling of the company name, you’ve got Boeing and Bowing in this article.