Mission Statement A Mission statement as defined by Google dictionary it is: a formal summary of the aims and values of a company, organization, or individual. Their Mission statement is the following: “Facilitate the partnership of the International Association of Machinists and Aerospace workers and The Boeing Company in order to provide innovative solutions that improve the Health and Safety, Quality, Productivity and Employee Development in the workplace.” (Iam-Boeing.com) Boeing is saying that they are going to try their best to provide a safe and quality work experience for their employees, so that The Boeing Company can profit from their hard work.
History
In 1916, William Boeing founder Boeing after recently invented a single engine, …show more content…
Boeing's commercial vehicles and the derived military vehicles include 717/MD-95, 707/720, 727, 737, 747, 757, 767, 777, 787, B & W Seaplane, B-1 Seaplane, Cloudster Passenger Biplane, DC-1,DC-2, DC-3, DC-4, DC-5, DC-6/C-118A, Liftmaster, Gamma Passenger Transport, DC-7, DC-8, DC-9, Doodlebug Research Vehicle, DC-10/KC-10 Transport/Tanker, Dolphin Amphibian, Douglas World Cruiser, H-1 Racer Racing Monoplane, H-4 Hercules Flying Boat, MD-11, MD-80/MD-90, Model 40, Model 80, Model 234 Chinook, Model 247 C-73, Model 307 Stratoliner, Model 314 Clipper, etc. The space products include 376 Satellite, Mariner 10 Spacecraft, 601 Satellite, 702 Satellite, Lunar Orbiter Spacecraft, Little Joe Launch Vehicle, Apollo Lunar Spacecraft, Delta Rocket, Gemini Spacecraft, Inertial Upper Stage Rocket, Mercury Spacecraft, Saturn V Moon Rocket, Space Shuttle Orbiter, Solar Power Satellite, Surveyor Lunar Spacecraft, X-15 Research Aircraft, X-20 Dyna-Soar, Lunar Roving Vehicle, International Space Station.” Boeing makes many airplanes and rockets and …show more content…
Boeing is a massive company and although its has huge profits, its expenses take a total on the total revenue. The expenses of being an aerospace company are huge, but Boeing is still a very profitable company netting millions in profit.
Their income statement includes the following:
Total Revenue $94,571,100
Cost of Revenue $80,790,000
Gross Profit $13,781,000
Research and Development $4,627,00
Sales, General and Admin. $3,313,000
Operating Income $5,874,00
Add’1 income/expense items $33,000
Earning Before Interest and Tax $5,874,000
Interest Expense $306,000
Earning Before Tax $5,568,000
Income Tax $673,000
Net Income-Cont. Operations $4,895,000
Net Income $4,895,000
Net Income Applicable to Common Shareholders $4,895,000
Summary
Boeing is an aerospace company, who specializes in engineering airliners and contracting out for the United States Government. They have engineered various aircrafts ranging from airliners to space shuttles. The history is filled with vast amounts of success and always ends with Boeing coming out on top.They are a profitable company and it seems they will continue on to be profitable for years. Boeing is a gigantic company and has seemingly little competition, Boeing continue its legacy as the biggest and most widely aerospace
History
In 1916, William Boeing founder Boeing after recently invented a single engine, …show more content…
Boeing's commercial vehicles and the derived military vehicles include 717/MD-95, 707/720, 727, 737, 747, 757, 767, 777, 787, B & W Seaplane, B-1 Seaplane, Cloudster Passenger Biplane, DC-1,DC-2, DC-3, DC-4, DC-5, DC-6/C-118A, Liftmaster, Gamma Passenger Transport, DC-7, DC-8, DC-9, Doodlebug Research Vehicle, DC-10/KC-10 Transport/Tanker, Dolphin Amphibian, Douglas World Cruiser, H-1 Racer Racing Monoplane, H-4 Hercules Flying Boat, MD-11, MD-80/MD-90, Model 40, Model 80, Model 234 Chinook, Model 247 C-73, Model 307 Stratoliner, Model 314 Clipper, etc. The space products include 376 Satellite, Mariner 10 Spacecraft, 601 Satellite, 702 Satellite, Lunar Orbiter Spacecraft, Little Joe Launch Vehicle, Apollo Lunar Spacecraft, Delta Rocket, Gemini Spacecraft, Inertial Upper Stage Rocket, Mercury Spacecraft, Saturn V Moon Rocket, Space Shuttle Orbiter, Solar Power Satellite, Surveyor Lunar Spacecraft, X-15 Research Aircraft, X-20 Dyna-Soar, Lunar Roving Vehicle, International Space Station.” Boeing makes many airplanes and rockets and …show more content…
Boeing is a massive company and although its has huge profits, its expenses take a total on the total revenue. The expenses of being an aerospace company are huge, but Boeing is still a very profitable company netting millions in profit.
Their income statement includes the following:
Total Revenue $94,571,100
Cost of Revenue $80,790,000
Gross Profit $13,781,000
Research and Development $4,627,00
Sales, General and Admin. $3,313,000
Operating Income $5,874,00
Add’1 income/expense items $33,000
Earning Before Interest and Tax $5,874,000
Interest Expense $306,000
Earning Before Tax $5,568,000
Income Tax $673,000
Net Income-Cont. Operations $4,895,000
Net Income $4,895,000
Net Income Applicable to Common Shareholders $4,895,000
Summary
Boeing is an aerospace company, who specializes in engineering airliners and contracting out for the United States Government. They have engineered various aircrafts ranging from airliners to space shuttles. The history is filled with vast amounts of success and always ends with Boeing coming out on top.They are a profitable company and it seems they will continue on to be profitable for years. Boeing is a gigantic company and has seemingly little competition, Boeing continue its legacy as the biggest and most widely aerospace