BOEING Business Summary

Boeing (BA) operates as a global aerospace leader, generating revenue through the design, manufacture, and service of commercial jetliners, defense systems, and space technology. Its business is structured into three primary segments: Commercial Airplanes (BCA), which produces the 737, 767, 777, and 787 families; Defense, Space & Security (BDS), focused on military aircraft, satellites, and weapons systems; and Global Services (BGS), providing aftermarket support and maintenance. In 2025, the company reported $89.5 billion in revenue, bolstered by 600 commercial deliveries and the strategic re-acquisition of Spirit AeroSystems to stabilize its supply chain. Boeing competes primarily with Airbus in the commercial sector, and Lockheed Martin, Northrop Grumman, and General Dynamics in defense, maintaining a critical but pressured position within the global aerospace duopoly. Founded in 1916 by William E. Boeing and George Conrad Westervelt, the company is currently led by President and CEO Robert K. "Kelly" Ortberg, a mechanical engineer and former CEO of Rockwell Collins who took the helm in August 2024 to oversee a major cultural and safety turnaround. The executive team includes CFO Jesus "Jay" Malave, formerly of Lockheed Martin, and Stephanie Pope, who leads the Commercial Airplanes division. Dr. Todd Citron serves as Chief Technology Officer, while Stephen Parker heads the Defense, Space & Security segment. Boeing’s board is chaired by Steve Mollenkopf, the former CEO of Qualcomm, and includes prominent business leaders such as Lynn Good (CEO of Duke Energy) and Robert Bradway (CEO of Amgen), reflecting a heavy emphasis on engineering expertise and operational oversight.