View source for Boeing

{{Show badges|AEX}}
{{Infobox fix the debt
|company_name                   = Boeing
|ceo_name                       = W. James McNerney, Jr.
|ceo_salary                     = $22,958,313
|ceo_retirement_assets          = $39,089,893
|underfunded_company_pension    = -$16,598,000,000
|total_company_revenue          = $68,735,000,000
|tax_dodger                     = -1.8%
|territorial_tax_break_savings  = $66,000,000
|total_lobbying                 = $63,281,000
|ceo_campaign_giving            = 
}}
{{Infobox Company
| company_name = The Boeing Company
| company_logo = [[Image:Boeing-Logo.png|240px|center|The contemporary logo integrates the Boeing logotype with a stylized version of the McDonnell Douglas symbol]]
| company_type = [[w:Public company|Public]] ({{nyse|BA}},<br /> {{tyo|7661}})
| genre = 
| foundation = [[w:Seattle, Washington|Seattle]], [[w:Washington|Washington]] (1916)
| founder = 
| dissolved = 
| location = Chicago, Illinois, US
| locations = 
| area_served = 
| key_people = [[W. James McNerney, Jr.]], CEO
| industry = Aerospace and Weapons
| products = Commercial airliners<br>Military aircraft <br>Munitions<br>Space systems<br>Computer Services
| services = 
| revenue = {{profit}} $61.5 billion USD (FY 2006)<ref name="financials">[http://www.sec.gov/Archives/edgar/data/12927/000119312507033902/d10k.htm#rom40464_14 Financial Statements and Supplemental Data], Form 10-K, The Boeing Company (accessed June 10, 2007).</ref>
| operating_income = 
| company_slogan = That's Why We're Here
| net_income = {{profit}} $2.2 billion<ref name="financials"/>
| assets = 
| num_employees = 159,000 (2007)
| parent = 
| equity = 
| owner = [[Columbia Management Advisors]] (11.7%)<br>[[State Street Global Advisors]] (6.5%)<br>[[Capital World Investors]] (5.7%)<br>[[Barclays Global Investors]] (5.5%)<br>[[Vanguard Group]] (4.5%)<ref>[http://www.moneycentral.msn.com/ownership?Symbol=BA BA Ownership], MSN Money (accessed May 25, 2008).</ref>
| divisions = [[Boeing Commercial Airplanes]]<br>[[Boeing Integrated Defense Systems|Integrated Defense Systems]]<br>[[Boeing#Divisions|Others]]
| subsid = Aviall, Inc. <br> [[Jeppesen]] <br> [[Boeing Australia]] <br> [[Boeing Defence UK]]<br>[[Boeing Store]]
| homepage = [http://www.boeing.com/ Boeing.com]
| footnotes = 
}}
The '''Boeing Company''' is an American multinational aerospace and defense corporation founded in 1916. According to its website, Boeing is "the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined."<ref name="about">[http://www.boeing.com/companyoffices/aboutus/ "About Us"], organizational website, accessed January 2013</ref> Boeing also "designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems."<ref name="about"/>
Boeing is "a major service provider to NASA" and "the prime contractor for the International Space Station" as well.<ref name="about"/>

The Boeing Company is best known to the general public for its line of civilian aircraft, the most famous being the Boeing 747. Military sales of $27bn comprise more than half of company revenue, making Boeing the second largest defense manufacturer in the world <ref>[http://www.defensenews.com/content/features/2004chart1.html ''DefenseNews'']</ref>. Military products include the C-17 Globemaster Transport, F-15 Fighter, AH-64 Apache Attack Helicopter, MH-47 Chinook Helicopter and the Hellfire Missile. The company is the main contractor for the [[w:Strategic Defense Initiative|Star Wars]] missile system{{fact}}.

In 2011, Boeing reported total revenues of $68,735,000,000.<ref>Boeing, [http://www.envisionreports.com/BA/2012/14427FE12E/5aeaf07f40c94540856bcbf8d53d7e39/Boeing_AR_3-9-12_SECURED_2-reduced.pdf "2011 Annual Report"], organizational document, page 30.</ref>

Access Boeing's corporate rap sheet compiled and written by ''Good Jobs First'' [http://www.corp-research.org/boeing here].

__TOC__ 

==Ties to Pete Peterson's "Fix the Debt"==

The [[Portal:Fix the Debt|Campaign to Fix the Debt]] is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire [[Pete Peterson]] to slash earned benefit programs such as [[Social Security]] and [[Medicare]] under the guise of fixing the nation's "debt problem." {{PAGENAME}} is part of the Campaign to Fix the Debt as of February 2013.

This article is part of the Center for Media and Democracy's investigation of Pete Peterson's Campaign to "Fix the Debt." '''Please visit our main SourceWatch page on [[Portal:Fix the Debt|Fix the Debt]].'''

{{about_FTD}}

==Ties to the American Legislative Exchange Council==

'''Boeing''' has been a corporate funder of the [[American Legislative Exchange Council]] (ALEC)<ref>Clearinghouse on Environmental Advocacy and Research, project of the Environmental Working Group, [http://web.archive.org/web/200012021600/http://wyl.ewg.org/FoxProCGI.acgi$run_module?data_code=CLEAR&extra_code=group_code=ORG197&the_type=Group& Information on American Legislative Exchange Council], archived organizational profile, archived by Wayback Machine December 2, 2000, accessed August 19, 2011</ref><ref>Defenders of Wildlife, Natural Resources Defense Council, "[http://www.alecwatch.org/alecgivers.html Corporations and Trades Associations that Fund ALEC]," ''Corporate America's Trojan Horse in the States: The Untold Story Behind the American Legislative Exchange Council'', online report, 2003</ref>.  See [[ALEC Corporations]] for more.

{{about_ALEC}}
== Company description ==
"The Boeing Company operates in four principal segments: Commercial Airplanes, Military Aircraft and Missile Systems, Space and Communications and Boeing Capital Corporation (BCC). Commercial Airplanes operations principally involve development, production and marketing of commercial jet aircraft and providing related support services. Military Aircraft and Missile Systems operations principally involve research, development, production, modification and support of military aircraft, both land-based and aircraft-carrier-based, as well as helicopters and missiles. Space and Communications operations principally involve research, development, production, modification and support of space systems, missile defense systems, satellites and satellite launching vehicles, rocket engines and information and battle management systems. BCC is primarily engaged in the financing of commercial and private aircraft and commercial equipment [http://www.nyse.com/listed/ba.html]".
{{Template:Violation_Tracker}}

==Board (2020)<ref>Boeing [https://www.boeing.com/company/general-info/corporate-governance.page Board], organizational web page, accessed April 5, 2020.</ref>==
*[[Robert A. Bradway]], [[David L. Calhoun]], [[Arthur D. Collins, Jr.]], [[Edmund P. Giambastiani, Jr.]], [[Lynn J. Good]], [[Lawrence W. Kellner]], [[Caroline B. Kennedy]], [[Edward M. Liddy]], [[John M. Richardson]], [[Susan C. Schwab]], [[Ronald A. Williams]], [[Mike S. Zafirovski]]

==Former Personnel==
===Executives===
*[[W. James McNerney, Jr.]] - Chairman, President and Chief Executive Officer, The Boeing Company
====Executive Council====
As of January 2013<ref>Boeing, [http://www.boeing.com/companyoffices/financial/execprofiles.html Executive Biographies], organizational website, accessed January 2013</ref>
*Raymond L. Conner - President and Chief Executive Officer, Commercial Airplanes, Executive Vice President, The Boeing Company
*Wanda K. Denson-Low - Senior Vice President, Office of Internal Governance, The Boeing Company
*Thomas J. Downey - Senior Vice President Communications, The Boeing Company
*Shephard W. Hill - President, Boeing International Senior Vice President, Business Development and Strategy, The Boeing Company
*Timothy Keating - Senior Vice President, Government Operations, The Boeing Company
*J. Michael Luttig - Executive Vice President, General Counsel, The Boeing Company, former Federal Judge
*Dennis A. Muilenburg - Executive Vice President, The Boeing Company, President and Chief Executive Officer, Boeing Defense, Space & Security
*Anthony (Tony) Parasida - Senior Vice President, The Boeing Company
* Greg Smith - Executive Vice President, The Boeing Company, Chief Financial Officer, The Boeing Company
*Richard Stephens - Senior Vice President, Human Resources and Administration, The Boeing Company
*John J. Tracy - Chief Technology Officer, The Boeing Company, Senior Vice President, Engineering, Operations & Technology 

'''Former executives include'''
*[[Robert D. Bauerlein]] - former Vice President, International Operations for Washington
*[[Philip M. Condit]] - former President

===Board of Directors===
As of January 2013<ref>Boeing, [http://www.boeing.com/corp_gov/board_directors.html Board of Directors], organizational website, accessed January 2013</ref>
*David L. Calhoun
*[[Arthur D. Collins Jr.]]
*[[Linda Z. Cook]]
*[[Kenneth M. Duberstein]]
*Admiral Edmund P. Giambastiani, Jr.
*Lawrence W. Kellner
*[[Edward M. Liddy]]
*[[W. James McNerney, Jr.]] - Chairman, President, & CEO
*[[Susan C. Schwab]]
*Ronald A. Williams
*[[Mike S. Zafirovski]]

'''Former board members include'''<ref>Boeing, [http://www.boeing.com/corp_gov/board_directors.html Board of Directors], accessed December 2007</ref>
*[[John H. Biggs]]
*[[John E. Bryson]]
*[[William M. Daley]]
*[[James L. Jones]]
*[[John F. McDonnell]]
*[[Rozanne L. Ridgway]] 
*[[John M. Shalikashvili]]

==Lobbying==
The company spent $9,120,000 for [[lobbying]] in 2006. Of this total, $2,722,000 was to outside lobbying firms. Boeing has in-house lobbyists also. 
<ref>[http://www.opensecrets.org/lobbyists/clientsum.asp?txtname=Boeing+Co&year=2006 Boeing lobbying expenses], ''Open Secrets.''</ref>

==Criticism==
*Clay Showalter, "[http://www.votesawant.org/boeing_stop_the_blackmailing Boeing - Stop the Blackmailing]", ''Vote Sawant'', November 18, 2013.

==Contact details==
100 North Riverside<br>
Chicago, Illinois 60606<br>
Phone: (312) 544-2000<br>
Web: http://www.boeing.com/

==Resources and articles==
===Related SourceWatch articles===
*[[Military-industrial complex]]
*[[Locations of Boeing, Lockheed Martin, Raytheon, and TRW]]
*[[Anna Eleanor Roosevelt]]
*[[Lewis E. Platt]] - former chair
*[[David L. Calhoun]]
*[[James A. Bell]]
*[[Roger Bone]] - president in UK

===Featured SourceWatch Articles on Fix the Debt===

* [[Portal:Fix the Debt|Fix the Debt Portal Page]]
** [[Fix the Debt's Leadership]]
** [[Fix the Debt's Partner Groups]]
** [[Fix the Debt's State Chapters]]
** [[Fix the Debt's Lobbyists]]
** [[Committee for a Responsible Federal Budget|Fix the Debt's Parent Group]]
** [[:Category:Fix_the_Debt_Corporations|Fix the Debt's Corporations]]
** [[Pete Peterson]]
** [[Peter G. Peterson Foundation]]
** [[America Speaks]]
** [[Simpson-Bowles Commission]]
** [[Erskine Bowles]]
** [[Alan Simpson]]
** [[Social Security]]
** [[Medicare]]
** [[Medicaid]]

== External links ==
*Kevin Martin, Tim Nafziger, Jeremy Shenk, & Mark Swier [http://www.zmag.org/Zmag/Articles/nov01boeing.htm Boeing Corporation: Airplane manufacturer and weapons dealer makes controversial move to Chicago], ''Z Magazine'', November 2001.
*Leslie Wayne, [http://query.nytimes.com/gst/abstract.html?res=F70A16F6395D0C738DDDAF0894DB404482&fta=y Unusual Pentagon-Boeing Deal Is Attacked (Abstract)], ''New York Times'', June 10, 2003.
*[http://www.nytimes.com/2003/11/26/opinion/26WED2.html?th Boeing's Tawdry Deal], ''New York Times'' Op-Ed, November 26, 2003.
*"[http://www.corpwatch.org/article.php?id=7856 Boeing’s Skillful Lobbying Efforts]"   ''CorpWatch'', ''Financial Times'', December 8, 2003.
*Hal Bernton, "[http://www.corpwatch.org/article.php?id=12676 Magazine ad "unleashes hell" for Boeing and Bell]", ''CorpWatch'', ''The Seattle Times'', October 1, 2005.
*Charlie Cray 2008 "[http://www.corpwatch.org/article.php?list=type&type=10 Boeing]" ''Corpwatch''
*James Macintyre, "[http://www.independent.co.uk/news/uk/politics/exposed-the-arms-lobbyist-in-parliament-854313.html Exposed: the arms lobbyist in Parliament: 'We'll ask the questions that you can't, without your fingerprints,' he tells clients]," ''The Independent'' (UK), June 26, 2008.

==References==
<references />

[[Category:Corporations]][[Category:Defence manufacturers (US)]][[Category:United States]][[Category:Real Economy Project]][[Category:Fix the Debt]][[Category:Fix the Debt Corporations]]