500 Job Source
World's leading maker
100 N. Riverside
Chicago, IL 60606
CEO: James McNerney
Stock Symbol: BA
Boeing is one of the world's leading makers of airplanes for commercial airlines and the military. It also builds helicopters, satellites and defense systems.
With corporate offices in Chicago, Boeing employs over 163,000 people across the United States and in 65 countries. This represents one of the most diverse, talented and innovative workforces anywhere. More than 140,000 employees hold college degrees -- including nearly 35,000 advanced degrees -- in virtually every business and technical field from approximately 2,700 colleges and universities worldwide. Over 80,000 people work in Washington state.
Boeing is organized into two business units: Boeing Commercial Airplanes and Boeing Defense, Space & Security. Supporting these units are Boeing Capital Corporation, a global provider of financing solutions; the Shared Services Group, which provides a broad range of services to Boeing worldwide; and Boeing Engineering, Operations & Technology, which helps develop, acquire, apply and protect innovative technologies and processes.
Boeing has been the premier manufacturer of commercial jetliners for more than 40 years. With the merger of Boeing and McDonnell Douglas in 1997, Boeing's leadership in commercial jets, joined with the lineage of Douglas airplanes, gives the combined company a 70-year heritage of leadership in commercial aviation. Today, the main commercial products are the 737, 747, 767 and 777 families of airplanes and the Boeing Business Jet. New product development efforts are focused on the Boeing 787 Dreamliner, and the 747-8. The company has nearly 12,000 commercial jetliners in service worldwide, which is roughly 75 percent of the world fleet.
Boeing also manufactures C-17, F-15, FA-18 jets for the military and CH-47 Chinook and AH-64D Apache attack helicopters.
The company was founded in 1916 in Puget
Sound, WA. The company moved its headquarters location from Washington
state to Chicago in 2001.
Boeing said it delivered 723 commercial airplanes in 2014, a 12% increase. The 737 led the way with 485 planes delivered followed by 114 Boeing 787 Dreamliner planes. The company said it has a record backlog of 5,800 planes on order worth $440 billion.
Boeing reported record revenues of $90.7 billion in 2014, up 5%, and net income of $5.44 billion.
"Strong operating performance in the final quarter of 2014 propelled us to some of our best-ever results and sealed a fifth consecutive year of core operating earnings growth. By responding to strong demand with market-leading and proven products and capabilities, and delivering them more efficiently, we are strengthening a powerful business platform that is providing increased returns for our shareholders," said Boeing Chairman and Chief Executive Officer Jim McNerney.
"Our Commercial Airplanes business successfully increased production rates and set an industry record for annual deliveries while also growing its backlog to new highs on record new orders for the year. Our Defense, Space & Security team navigated a challenging market environment to achieve solid revenue and healthy margins while also winning significant new contracts," said McNerney.
"For 2015, we will continue to build on our commercial airplanes market leadership, strengthening and repositioning our defense, space and security business and working to better meet the needs of our customers by focusing on improving productivity, executing to development plans and delivering our industry-leading portfolio of innovative aerospace products and services."
|Employment at Boeing by Group
||January 29, 2015
|Defense, Space and Security
|Engineering, Operations & Technology
|Shared Services Group
|Employment By Location
||January 29, 2015
Numbers include subsidiaries and contingent labor
Boeing offers health, dental, and life
insurance as well as prescription drug coverage. Most employees
celebrate 12 holidays per year. Employees earn 8 hours of sick
leave each month, up to 80 hours per year. At the end of each
year, 50% of unused sick leave can be saved for future use.
Nonunion and nonexecutive employees are
eligible for up to 20 days of bonus pay each year if the company
meets or exceeds profit targets. Boeing also offers special awards
of stock and cash payments to exceptional employees.
Boeing offers a pension plan that vests
after 5 years of employment. A voluntary investment plan allows
workers to contribute up to 8% of pay each year. Boeing matches
75% of the employee investment and this amount vests immediately.
Boeing provides on-the-job training as
well as company health and fitness centers located at 25 sites
around the country. Most of these health centers are open 24
hours per day, 7 days per week.
Updated February 22, 2015