The Boeing Company
Stock Symbol: BA
100 North Riverside
The Boeing Company Industry:
Aerospace & Defense
The Boeing Company Description:
Boeing Capital Corp. is a worldwide provider of lease and loan financing for commercial aircraft, commercial equipment, corporate aircraft, and space and defense products. The unit has a 30-year history of providing and arranging financing for aircraft and heavy equipment, specializing in complex structures designed to meet the specific requirements of its customers.
The Boeing Company Financial Summary:
BA develops and produces jet transports, military aircraft and space and missile systems through 4 segments: commercial airplanes, military aircraft and missiles, space and communications and BCC. For the 6 months ended 6/30/05, net sales rose 8% to $28.02B. Net income from cont. ops. before accounting change fell 10% to $1.08B. Results reflect increased service revenues, offset by higher general and administrative expense.
The Boeing Company Business Summary:
The Boeing Company is an aerospace company organized based on the products and services it offers. The Company operates in six principal segments: Commercial Airplanes; Aircraft and Weapon Systems (A&WS), Network Systems, Support Systems and Launch and Orbital Systems (L&OS), collectively Integrated Defense Systems (IDS), and Boeing Capital Corporation (BCC). It also established an Other segment classification, which principally includes the activities of Connexion by Boeing, a two-way data communications service for global travelers, and Boeing Technology, a research and development organization focused on technologies, improved processes and the creation of new products. Effective April 1, 2004, Air Traffic Management, a business unit developing new approaches to a global solution to address air traffic management issues, was absorbed into Phantom Works research division, which is included within Boeing Technology.