sector: Industrials ·
industry: Aerospace & Defense ·
As of
2:30am IST
52.63USD
The Boeing Company (Boeing) is involved in the design, development, manufacture, sale and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services. The Company operates in five principal segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network and Space Systems (N&SS), Global Services and Support (GS&S) and Boeing Capital Corporation (BCC). BMA, N&SS and GS&S comprise the Company’s Integrated Defense Systems (IDS) business. The Other segment classification principally includes the activities of Engineering, Operations and Technology (EO&T), an advanced research and development organization focused on technologies, processes and the creation of new products. In December 2008, Boeing announced that it has completed its acquisition of Federated Software Group, whose engineering services and software system help track and distribute equipment and personnel for the United States Department of Defense.
BRIEF: For the nine months ended 30 September 2009, The Boeing Company's revenues increased 4% to $50.34B. Net income from continuing operations decreased 98% to $52M. Revenues reflect increased income from Commercial Airplanes segment and higher income from Integrated Defense Systems segment. Net income was offset by an increase in general & administrative expenses, higher interest & debt expenses and an increase in research & development expenses.
The Boeing Company
100 N. Riverside Plaza
Chicago IL 60606
P: +1312.5442000