Boeing is one of the largest aerospace and defense companies in the world, headquartered in Chicago, Illinois, USA. Founded in 1916 by William E. Boeing, the company has played a pivotal role in the evolution of aviation and space exploration. Boeing’s expertise spans across commercial airplanes, defense systems, and space technologies, making it a key player in both the private and governmental sectors. Over the decades, Boeing has delivered numerous aircraft that have redefined global air travel, including the iconic 747 and the technologically advanced 787 Dreamliner.
With a strong focus on innovation, Boeing also excels in defense and space systems, providing advanced solutions for military forces around the world. Boeing’s involvement in NASA's space missions and other space exploration initiatives has further strengthened its position as a leader in aerospace engineering. The company’s global workforce, cutting-edge technology, and commitment to sustainability continue to drive its dominance in the aerospace industry.
CEO and Founder of Boeing
William E. Boeing, an aviation pioneer, founded Boeing in 1916 with the belief that airplanes would revolutionize transportation and military defense. What started as a small company producing seaplanes has grown into a global aerospace giant. Under William Boeing’s leadership, the company quickly expanded, becoming one of the most significant contributors to aviation technology. Today, Boeing is led by David Calhoun, who became the CEO in January 2020. With over two decades of experience in the aerospace industry, Calhoun has continued to steer Boeing through innovation and recovery, ensuring its position as a global leader in both the commercial and defense sectors.
List of Top Companies Under Boeing
Boeing has acquired and established several companies that specialize in different aspects of aerospace, defense, and technology. Here is a list of the top companies under Boeing, along with their valuations:
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| Aurora Flight Sciences | 2017 (Acquired) | $2 Billion | Aerospace and Autonomy |
| Aviall, Inc. | 2006 (Acquired) | $1.7 Billion | Aviation Services and Parts |
| Jeppesen | 2000 (Acquired) | $3 Billion | Flight Navigation Software |
| Insitu | 2008 (Acquired) | $400 Million | Unmanned Aerial Systems |
| KLX Aerospace Solutions | 2018 (Acquired) | $4.25 Billion | Aviation Parts Distribution |
| Boeing Defense, Space & Security | 2002 (Formed) | $25 Billion | Defense and Space Systems |
| McDonnell Douglas | 1997 (Acquired) | Merged into Boeing (Valued at $13 Billion) | Aircraft Manufacturing |
| Argon ST | 2010 (Acquired) | $775 Million | Communications and Intelligence |
| Boeing Global Services | 2017 (Formed) | $17 Billion | Aerospace Services |
FAQs About Boeing
Q1: When was Boeing founded, and who founded it?
A: Boeing was founded in 1916 by aviation pioneer William E. Boeing. It started as a seaplane manufacturing company and has since grown into one of the world’s leading aerospace companies.
Q2: Who is the current CEO of Boeing?
A: The current CEO of Boeing is David Calhoun, who took over in January 2020.
Q3: What companies are owned by Boeing?
A: Boeing owns several companies, including Aurora Flight Sciences, Aviall, Jeppesen, Insitu, and KLX Aerospace Solutions, all of which contribute to Boeing’s dominance in aerospace, defense, and services.
Q4: What is Boeing’s role in the defense industry?
A: Boeing Defense, Space & Security is a major division of Boeing, providing cutting-edge military aircraft, missiles, space exploration technology, and other defense solutions to governments worldwide.
Q5: What are some of Boeing’s most famous aircraft?
A: Some of Boeing’s most iconic aircraft include the Boeing 747, the 737, and the 787 Dreamliner. These aircraft have set benchmarks for performance and innovation in the aviation industry.
Q6: How does Boeing contribute to space exploration?
A: Boeing plays a significant role in space exploration through its collaboration with NASA, providing technology and equipment for missions such as the Space Launch System (SLS) and other satellite technologies.
