In December 1996, Boeing announced its intention to merge with McDonnell Douglas, which, following regulatory approval, was completed on August 4, 1997. In 2000, Boeing acquired the satellite segment of Hughes Electronics. In 1995, Boeing partnered with Russian, Ukrainian, and Anglo-Norwegian organizations to create Sea Launch, a company providing commercial launch services sending satellites to geostationary orbit from floating platforms.

During the 1960s and 1970s, the company diversified into industries such as outer space travel, marine craft, agriculture, energy production and transit systems. In 1960, the company bought Vertol Aircraft Corporation, which at the time, was the biggest independent manufacturer of helicopters. Therefore, Boeing Airplane Company became one of three major groups to arise from the dissolution of United Aircraft and Transport the other two entities were United Aircraft (later United Technologies) and United Airlines. In 1934, aircraft manufacturing was required to be separate from air transportation. In 1931, the group merged its four smaller airlines into United Airlines. In 1929, the company was renamed United Aircraft and Transport Corporation, followed by the acquisition of several aircraft makers such as Avion, Chance Vought, Sikorsky Aviation, Stearman Aircraft, Pratt & Whitney, and Hamilton Metalplane. In 1917, the organization was renamed Boeing Airplane Company, with William Boeing forming Boeing Airplane & Transport Corporation in 1928. Shortly before doing so, he and Conrad Westervelt created the 'B&W' seaplane. Boeing founded Pacific Aero Products Company in Seattle, Washington. The Boeing Company was started in 1916, when American lumber industrialist William E. In 2019, Boeing's global reputation, commercial business, and financial rating suffered after the 737 MAX fleet was grounded worldwide following two fatal crashes in late 2018 and early 2019. Boeing is ranked 54th on the Fortune magazine 'Fortune 500' list (2020), and ranked 121st on the ' Fortune Global 500' list (2020). In 2021, Boeing recorded $62.3 billion in sales. The company is organized into four primary divisions: Boeing Commercial Airplanes (BCA) Boeing Defense, Space & Security (BDS) Boeing Global Services and Boeing Capital. Īs of 2023, the Boeing Company's corporate headquarters is located in Crystal City, Arlington, Virginia. Condit, assumed those roles in the combined company, while Harry Stonecipher, former CEO of McDonnell Douglas, became president and COO. Then–chairman and CEO of Boeing, Philip M. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. Boeing's stock is a component of the Dow Jones Industrial Average.īoeing was founded by William Boeing in Seattle, Washington, on July 15, 1916. Boeing is among the largest global aerospace manufacturers it is the third-largest defense contractor in the world based on 2020 revenue, and is the largest exporter in the United States by dollar value. The company also provides leasing and product support services. Messages left for other purposes, such as following up on an application or non-disability related technical issues, will not receive a response.The Boeing Company ( / ˈ b oʊ ɪ ŋ/) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. This telephone line is reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation in the job application process. If you’d like to view a copy of the company’s affirmative action plan or if you have a disability and would like to request a reasonable accommodation as part of the employment selection process, please call 877.248.2998. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. Schneider Electric is an Affirmative Action and Equal Opportunity Employer.

Volt workforce solutions chicago