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Industrials - Aerospace & Defense - NYSE - US
$ 140.19
1.48 %
$ 105 B
Market Cap
-10.83
P/E
1. INTRINSIC VALUE

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment provides commercial jet aircraft for passenger and cargo requirements, as well as fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration.[ Read More ]

The intrinsic value of one BA stock under the base case scenario is HIDDEN Compared to the current market price of 140 USD, The Boeing Company is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BA

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FINANCIALS
77.8 B REVENUE
16.79%
-773 M OPERATING INCOME
78.03%
-2.24 B NET INCOME
55.63%
5.96 B OPERATING CASH FLOW
69.70%
-2.44 B INVESTING CASH FLOW
-55.77%
-5.49 B FINANCING CASH FLOW
-333.41%
17.8 B REVENUE
5.77%
-5.76 B OPERATING INCOME
-428.53%
-6.17 B NET INCOME
-329.05%
-1.34 B OPERATING CASH FLOW
65.72%
679 M INVESTING CASH FLOW
132.33%
-300 M FINANCING CASH FLOW
-3.00%
Balance Sheet Decomposition The Boeing Company
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Current Assets 109 B
Cash & Short-Term Investments 16 B
Receivables 11.1 B
Other Current Assets 82.2 B
Non-Current Assets 27.7 B
Long-Term Investments 1.04 B
PP&E 11.5 B
Other Non-Current Assets 15.2 B
Current Liabilities 95.8 B
Accounts Payable 12 B
Short-Term Debt 5.5 B
Other Current Liabilities 78.4 B
Non-Current Liabilities 58.4 B
Long-Term Debt 48.6 B
Other Non-Current Liabilities 9.79 B
EFFICIENCY
Earnings Waterfall The Boeing Company
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Revenue 77.8 B
Cost Of Revenue 70.1 B
Gross Profit 7.72 B
Operating Expenses 8.5 B
Operating Income -773 M
Other Expenses 1.47 B
Net Income -2.24 B
RATIOS
9.93% GROSS MARGIN
9.93%
-0.99% OPERATING MARGIN
-0.99%
-2.86% NET MARGIN
-2.86%
12.89% ROE
12.89%
-1.62% ROA
-1.62%
-2.48% ROIC
-2.48%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis The Boeing Company
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Net Income -2.24 B
Depreciation & Amortization 1.86 B
Capital Expenditures -1.53 B
Stock-Based Compensation 690 M
Change in Working Capital 4.09 B
Others 1.53 B
Free Cash Flow 4.43 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets The Boeing Company
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Wall Street analysts predict an average 1-year price target for BA of $213 , with forecasts ranging from a low of $85 to a high of $300 .
BA Lowest Price Target Wall Street Target
85 USD -39.37%
BA Average Price Target Wall Street Target
213 USD 52.04%
BA Highest Price Target Wall Street Target
300 USD 114.00%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
2.06 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership The Boeing Company
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Aug 01, 2023
Sell 2.03 M USD
COLBERT THEODORE III
EVP, Pres. & CEO, BDS
- 8500
238.369 USD
1 year ago
Jul 31, 2023
Bought 201 K USD
MOLLENKOPF STEVEN M
Director
+ 850
237 USD
1 year ago
May 01, 2023
Sell 84.2 K USD
McKenzie Howard E
Chief Engineer & EVP, ET&T
- 412
204.36 USD
2 years ago
Nov 04, 2022
Bought 901 K USD
CALHOUN DAVID L
President & CEO
+ 5634
159.96 USD
2 years ago
Nov 04, 2022
Bought 908 K USD
CALHOUN DAVID L
President & CEO
+ 5700
159.28 USD
2 years ago
Nov 04, 2022
Bought 2.16 M USD
CALHOUN DAVID L
President & CEO
+ 13666
158.27 USD
2 years ago
Nov 04, 2022
Bought 202 K USD
MOLLENKOPF STEVEN M
Director
+ 1285
157.09 USD
2 years ago
Feb 14, 2022
Bought 1.04 M USD
KELLNER LAWRENCE W
Director
+ 5000
208.91 USD
2 years ago
Feb 01, 2022
Bought 100 K USD
MOLLENKOPF STEVEN M
Director
+ 480
208.39 USD
3 years ago
Nov 05, 2021
Sell 220 K USD
Dandridge Edward Lee
SVP, Communications
- 990
221.87 USD
3 years ago
May 13, 2021
Sell 450 K USD
Hibbard Carol J.
Controller
- 2000
224.97 USD
3 years ago
Feb 02, 2021
Sell 1 M USD
COLBERT THEODORE III
EVP, Pres. & CEO, BGS
- 5000
200.8 USD
3 years ago
Feb 02, 2021
Sell 4.39 M USD
KEATING TIMOTHY JOHN
EVP, Government Operations
- 21737
202.15 USD
4 years ago
Aug 05, 2020
Bought 200 K USD
MOLLENKOPF STEVEN M
Director
+ 1152
173.36 USD
7. News
Boeing Begins Layoffs: Is The 737 MAX Recovery Enough To Lift BA Stock? Boeing Co BA is issuing layoff notices to 17,000 employees as part of a broader effort to rightsize its workforce. benzinga.com - 2 days ago
Boeing names ex-Vanguard CEO Buckley as board member Boeing board has elected former Vanguard Group CEO Tim Buckley as its newest member, effective Jan. 1, the U.S. planemaker said on Friday. reuters.com - 2 days ago
Boeing Elects Tim Buckley to Board of Directors ARLINGTON, Va. , Nov. 15, 2024 /PRNewswire/ -- The Boeing Company [NYSE: BA] Board of Directors today announced that it has elected Tim Buckley as its newest member, effective January 1, 2025. prnewswire.com - 2 days ago
U.S. industrial output battered for second month by Boeing strike, hurricanes Production down 0.3% after 0.5% drop in prior month marketwatch.com - 2 days ago
The Top Combat Aircraft in the US Air Force Has Been Flying Since 1978 The US Air Force is a formidable power with aircraft ranging from bombers to fighter jets to helicopters, and more. Newer models, like the 5th generation F-22 Raptor play a key role in the Air Force. However, some of the top-used aircraft have been around since the 1970s and are still dominating the fleet. (Also see every fighter plane in the US Air Force for the past 90 years.) 24/7 Wall St. took a close look at all of the currently active combat aircraft within the U.S. Air Force. To identify every combat aircraft in service, we reviewed data from the 2024 World Air Forces report from FlightGlobal, an aviation and aerospace industry website. Aircraft are ranked by active unit, and we’ve included supplemental information on the aircraft type, top speed, and armament, excluding trainer aircraft. Here is a look at every combat aircraft in the U.S. Air Force: Why Are We Covering This? Understanding the aircraft in the US Air Force is important because these aircraft play a pivotal role in maintaining national security and global stability. Each aircraft is designed for specific missions, from air superiority to strategic bombing and reconnaissance, which are essential for defending the country and projecting power abroad. Also knowing which aircraft are in service gives context to military capabilities and a better understanding of national defense. 16. B-21 Raider Type: Long range strategic stealth bomber Year introduced: Expected 2028 Active aircraft: 100 on order Top speed: 621 mph Armament: Conventional drop bombs, precision-guided bombs, nuclear-tipped bombs/missiles Within the next decade, the B-21 Raider is expected to enter service to augment the B-2 Spirit stealth bombers. It will be capable of carrying both conventional and precision-guided bombs, as well as nuclear-tipped bombs and missiles. So far 100 of these stealth bombers are on order, with test flights already having taken place within the past year. 15. Mi-171 Hip-H Type: Medium-lift transport helicopter Year introduced: 1981 Active aircraft: 1 Top speed: 158 mph Armament: Shturm missiles, rocket pods, 23mm cannon pods, 7.62mm machine guns Originally designed by the Soviets at the Mil Moscow Helicopter Plant, this has been a staple for the Russian Air Force for years. While this is a widely used helicopter for many militaries around the world, the U.S. Air Force only has one. However, American engineering for other more advanced helicopters like the Black Hawk or Apache is more of a priority for the U.S. Air Force. 14. AC-130W Stinger II Type: Special operations fixed-wing gunship Year introduced: 2010 Active aircraft: 3 Top speed: 300 mph Armament: 30mm Bushmaster II GAU-23/A gatling gun, Viper Strike missiles, Griffin missiles, Hellfire missiles The Stinger II is a step up from the legacy AC-130 gunships, notably integrating advanced missile systems. Built by Lockheed Martin, this gunship only recently entered service in 2010. Armed with a 30mm Bushmaster II GAU-23/A gatling gun, along with Viper Strike, Griffin, and Hellfire missiles, The Stinger II is designed to deliver serious firepower in support of ground forces. 13. Leonardo AW139 Type: Medium-lift utility helicopter Year introduced: 2003 Active aircraft: 4 Top speed: 193 mph Armament: 7.62mm general purpose machine guns Originally designed and constructed by Leonardo, the AW139 is used by both the military and civilians. There are currently four in active service of the U.S. Air Force. Originally, these helicopters were designed for search-and-rescue missions, but they have been adopted for other purposes since then. The military version can equip small machine guns, but its primary designation is not for combat. 12. B-2 Spirit Type: Strategic stealth heavy bomber Year introduced: 1997 Active aircraft: 17 Top speed: 628 mph Armament: Air-launched cruise missiles, strategic free-fall nuclear bombs, conventional drop bombs, joint direct attack munitions, JASSM missiles Introduced in 1997, the B-2 Spirit is a strategic stealth heavy bomber with a top speed of 628 mph. It is designed to deliver a wide range of ordnance including nuclear bombs. Although there are only 17 of these aircraft in active service, they can punch far above their class in terms of what they can deliver in payload. 11. AC-130J Ghostrider Type: Ground attack / close-air support Year introduced: 2017 Active aircraft: 29 Top speed: 416 mph Armament: 30mm ATK GAU-23/A automatic cannon, 105mm M102 field howitzer, Griffin missiles, Viper Strike precision-guided bombs, Hellfire missiles, drop bombs The Ghostrider is the latest in the AC-130 gunship series. Although these gunships do not carry nukes, they can equip practically any other ordnance even a gun meant for ground artillery. The Ghostrider is easily one of the most heavily armed aircraft in the U.S. Air Force. Most notably in Ghostrider’s arsenal is its 105mm howitzer, which is typically seen on ground artillery platforms. This big gun delivers serious firepower with pinpoint accuracy from far above the battlefield, giving it an incredible tactical advantage. Outside of the 105mm howitzer, Ghostrider can equip a variety of missiles like Hellfires or Griffins, precision-guided bombs, or even just the basic conventional drop bombs. 10. B-1B Lancer Type: Strategic heavy bomber Year introduced: 1986 Active aircraft: 42 Top speed: 833 mph Armament: Joint direct attack munitions, general purpose bombs, naval mines, cluster munitions, SRAM missiles, JASSM missiles, JSOW missiles, freefall nuclear bombs Introduced in 1986, the B-1B Lancer is a strategic heavy bomber that is capable of reaching speeds up to 833 mph, which makes it one of the fastest bombers in the U.S. Air Force. It carries a wide range of armaments, including joint direct attack munitions, general-purpose bombs, JASSM missiles, and even freefall nuclear bombs. 9. CV-22 Osprey Type: Tilt rotor VTOL aircraft Year introduced: 2007 Active aircraft: 52 Top speed: 316 mph Armament: 7.62mm machine guns, 12.7mm machine guns Known for its unique ability to takeoff and land vertically like a helicopter and then adjust its rotors to operate like a turboprop plane, the CV-22 Osprey is one of the more unique aircraft in the U.S. Air Force. It is manufactured by Bell Boeing and plays key roles in U.S. special operations missions like infiltration, extraction, and resupply. The U.S. Marine Corps uses this aircraft extensively for troop deployment and extraction, or even just for logistical purposes. The Osprey also can refuel mid-flight which significantly extends its range for longer missions. 8. UH-1N Twin Huey Type: Multi-role utility helicopter Year introduced: 1970 Active aircraft: 64 Top speed: 150 mph Armament: 12.7mm GAU-16 machine gun, 7.62mm machine guns, 70mm rocket pods The UH-1N Twin Huey is a multi-role utility helicopter introduced in 1970, with a top speed of 150 mph and a wide range of armaments, including 12.7mm GAU-16 machine guns and 70mm rocket pods. It was manufactured by Bell Helicopter, and it has been widely used by the U.S. military since the 1970s. There have been many variations of the UH-1 Huey that span a number roles, but mainly combat. Other notable variants are the UH-1 Iroquois, UH-1Y Venom, and AH-1 Cobra. 7. B-52H Stratofortress Type: Long range strategic heavy bomber Year introduced: 1955 Active aircraft: 72 Top speed: 595 mph Armament: ACLM cruise missiles, Harpoon missiles, CALCM cruise missiles, joint direct attack munitions, freefall nuclear bombs The B-52 is one of the longest serving aircraft in the U.S. Air Force, introduced in 1955. It was originally developed in the post-World War II years to succeed the B-29 Superfortress, which dropped the bomb on Japan. The B-52s were designed to carry larger payloads than the B-29, including nuclear weapons. The Stratofortress acted as a strong nuclear deterrent throughout the Cold War as well. 6. S-70 Black Hawk Type: Medium-lift multi-mission helicopter Year introduced: 1979 Active aircraft: 96 Top speed: 183 mph Armament: 7.62mm machine guns, Hellfire missiles, 12.7mm gatling guns, M134 gatling guns, rocket pods, 30mm chain gun Black Hawk helicopters have played important roles in conflicts around the globe. One infamous instance was the conflict in Somalia in 1993, particularly the Battle of Mogadishu. The Black Hawk played a significant role in urban combat and casualty evacuation under intense fire. This story would go on to make it as a blockbuster movie famously titled “Black Hawk Down.” It is by far one of the most iconic helicopters ever built. It is the workhorse of the U.S. military with over a few thousand units currently in service across all branches. The Black Hawk features twin turboshaft engines, a single four-bladed main rotor, and a four-bladed tail rotor, which allow for top speeds over 180 mph. Typically, this helicopter carries a crew of two pilots and two crew chiefs and can transport up to 11 fully equipped soldiers. In total, the Black Hawk can carry a payload of roughly 9,000 pounds. 5. F-22 Raptor Type: 5th generation air dominance fighter aircraft Year introduced: 2005 Active aircraft: 178 Top speed: 1,599 mph Armament: 20mm automatic cannon, Sidewinder missiles, AMRAAM missiles, joint drop munitions, drop bombs, air-launched cruise missiles The F-22 Raptor is one of the elite fifth-generation aircraft, introduced in 2005. It features some of the newest stealth technology and can hit speeds around Mach 2. It comes equipped with a 20mm automatic cannon standard and can be outfitted with Sidewinder and AMRAAM missiles, as well as joint drop munitions and air-launched cruise missiles. In addition to its impressive speed and firepower, the F-22 Raptor is known for its unmatched agility and advanced avionics, making it a dominant force in both air superiority and strike missions. One interesting fact about this aircraft is that the Raptor’s supercruise ability enables it to sustain high-speed flight without the need for afterburners. This sets it apart from most other fighters, which typically require afterburners to exceed the speed of sound. The F-22 Raptor can sustain speeds of Mach 1.5 to Mach 2 in supercruise mode. 4. F-35A Lightning II Type: Multirole 5th generation aircraft Year introduced: 2016 Active aircraft: 234 Top speed: 1,199 mph Armament: 25mm GAU-12/U automatic cannon, Sidewinder missiles, Paveway guided bombs, Rockeye II bombs, Brimstone missiles, Storm Shadow missiles, drop bombs Introduced in 2016, the F-35A Lightning II boasts a top speed of 1,199 mph and can equip a wide variety of weapons. It is one of the newest fifth-generation aircraft to enter the service. Currently, there are 234 in active service for the U.S. Air Force but hundreds more are on order from Lockheed Martin for the U.S. military at large. 3. A-10C Thunderbolt II Type: Close-air support / forward air control Year introduced: 1976 Active aircraft: 270 Top speed: 439 mph Armament: 30mm GAU-8/A gatling gun, Maverick missiles, Sidewinder missiles, rocket pods, drop bombs, cluster bombs, Paveway bombs Introduced in 1976, the A-10C Thunderbolt II is a specialized close-air support and forward air control aircraft. It is armed with a 30mm GAU-8/A gatling gun, which can fire up to 3,900 rounds per minute, along with a variety of missiles and bombs, including Mavericks and Sidewinders. Built by Fairchild Republic, the A-10 is known for its toughness, earning its nickname as the “Warthog”. One aspect about the A-10 is its “titanium bathtub” cockpit, which provides the pilot with protection from ground fire. 2. F-15 C/E/EX Eagle II Type: Air superiority fighter aircraft Year introduced: 1976 Active aircraft: 377 Top speed: 1,875 mph Armament: 20mm M61A1 automatic cannon, Sidewinder missiles, Sparrow missiles, Maverick missiles, HARM missiles, laser-guided bombs, joint direct attack munitions, cluster bombs, nuclear bombs Developed by McDonnell Douglas (now Boeing) in the 1970s, the F-15 Eagle and Strike Eagle variant stand as some of the most iconic and successful fighter jets in the world. With a top speed over Mach 2, the F-15 can outrun almost anything in the sky. Its twin-engine design provides serious thrust, allowing some variants to carry over 16,000 pounds of ordnance, including air-to-air missiles and bombs. One thing that stands out with this jet is its combat record. Since its introduction, the F-15 has claimed more than 100 air-to-air victories without a single loss in combat. The F-15 has been used in several conflicts, including Operation Desert Storm, where it proved its air superiority by downing numerous Iraqi aircraft. The Strike Eagle has seen extensive combat as well, especially in ground-attack operations in Iraq, Afghanistan, and Syria. 1. F-16C Fighting Falcon Type: Multirole 4th generation fighter aircraft Year introduced: 1978 Active aircraft: 738 Top speed: 1,317 mph Armament: 20mm M61 automatic cannon, Sidewinder missiles, AMRAAM missiles, Maverick missiles, Penguin missiles, Runway denial bombs, cluster bombs, laser-guided bombs, conventional drop bombs Introduced in 1978 to the U.S. Air Force, the Fighting Falcon is a multirole fourth generation fighter jet. Over the years this jet has undergone upgrades and improvements, but it is still relatively cheap compared to the newest generation of fighter jets. It has become popular with many militaries around the world, and many are looking to procure these jets. Early variants of the F-16 sell for roughly $13 million with more recent variants starting between $25 and $30 million. However, the most advanced versions of this aircraft can cost anywhere upwards of $60 million. The F-16 comes standard with a 20mm internal automatic cannon and can be equipped with a range of air-to-air missiles and air-to-ground missiles. It can reach speeds of roughly 1,300 mph and has an operational range of 2,600 miles. The Fighting Falcon fills a variety of roles for any air force but it is primarily used for interception and general strike missions. Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored) Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today. Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month. Click here now to get started. The post The Top Combat Aircraft in the US Air Force Has Been Flying Since 1978 appeared first on 24/7 Wall St.. https://247wallst.com - 2 days ago
Boeing was a buy for Soros fund, but Tepper's Appaloosa just dumped it David Tepper's Appaloosa and Soros Fund Management diverge on Boeing Co., securities filings late Thursday show. marketwatch.com - 3 days ago
Boeing starts issuing layoff notices Boeing Co (NYSE:BA, ETR:BCO) has started issuing layoff notices this week as part of a larger workforce reduction, impacting around 17,000 employees, or 10% of its global workforce. The layoffs will impact employees at all levels including executives, managers and manufacturing workers at its facilities in Washington and South Carolina. proactiveinvestors.com - 3 days ago
Boeing hires Northrop executive to take over Pentagon projects Boeing said on Thursday it hired former Northrop Grumman executive Colin Miller to head its Phantom Works research arm within the company's defense business unit. reuters.com - 3 days ago
Bell-Boeing Secures Contract to Aid CMV-22 Osprey Aircraft Program Bell-Boeing, a joint venture between BA and Bell Helicopter, an unit of TXT, secures a contract involving the CMV-22 Osprey aircraft. zacks.com - 3 days ago
Boeing cutting 17,000 jobs to ‘adjust its workforce' after labor union strike The cuts, which come after a labor union strike, equate to 10% of its workforce. nypost.com - 3 days ago
Etihad splashes $1bn on retrofits as profit soars, jet shortages loom Etihad has laid out plans to spend US$1 billion on retrofitting older jets as the airline looks to build on a surge in profit this year against a backdrop of new aircraft shortages. Around 50 Boeing Co (NYSE:BA, ETR:BCO) 787 and 777s will be refurbished initially, before stretching to all of Etihad's wide body jets, chief executive Antonoaldo Neves said on Thursday. proactiveinvestors.co.uk - 3 days ago
Boeing's Big News Is Bigger News for These 3 Companies The company's equity raise will de-risk its operations, and that's great for its suppliers. fool.com - 3 days ago
8. Profile Summary

The Boeing Company BA

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COUNTRY US
INDUSTRY Aerospace & Defense
MARKET CAP $ 105 B
Dividend Yield 0.00%
Description The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment provides commercial jet aircraft for passenger and cargo requirements, as well as fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating leases, sales-type/finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was incorporated in 1916 and is based in Chicago, Illinois.
Contact 929 Long Bridge Drive, Arlington, VA, 22202 https://www.boeing.com
IPO Date Jan. 2, 1962
Employees 171000
Officers Mr. Brian J. West Executive Vice President of Finance & Chief Financial Officer Mr. Robert K. Ortberg President, Chief Executive Officer & Director Mr. Andrew Ward Chief Investment Officer Dr. Todd Citron Ph.D. Chief Technology Officer, Vice President and GM of Boeing Research & Technology Mr. Matt Welch Vice President of Investor Relations Mr. Darrin A. Hostetler Chief Compliance Officer & Vice President of Global Compliance Mr. Brian R. Besanceney Senior Vice President of Communications & Chief Communications Officer Mr. Brad McMullen Senior Vice President of Commercial Sales & Marketing Ms. Susan Doniz BSc, ICD.D Chief Information & Data Analytics Officer Ms. Stephanie F. Pope Executive Vice President & Chief Operating Officer