History and Background
The Boeing Company (NYSC: BA)
Boeing Company was born in 1916 in Seattle through William Boeing who had studied in Yale
University and was a worker in the timber industry. Through his knowledge and experience
backed up by his wealth he was able to design and assemble aircrafts which later on became
Boeing Company by the year 1917.Boeing is the largest aircraft company and considered the
largest exporter in the United States of America. The company through time has been expanding
and even making partnerships with companies like Mc Donnell.
Boeing Company prides itself in being one of the largest aircraft manufacturers globally
since it exports to other countries and it is believed the company supports a huge number of
global airlines especially those government allied customers in need of airplanes. Boeing has a
number of tailored products ranging from military and commercial aircrafts, drones and
satellites, weapons and electronic defense systems, advanced communication and information
system, training and performance based logistics.
The company has extended customer base at almost 150 plus countries using its products.
Being the largest exporter in terms of sales it creates employment to 158000 plus citizens of
United States and almost 70 other countries. It is the enterprise that leverages hundreds of
thousands of talents with more people working for the company’s suppliers worldwide.
The company has ventured into the production of unmanned aerial vehicles /drones by its
subsidiary Insitu Inc. The unmanned aerial vehicles are based on Sea Scan miniature robotic
aircraft developed by Insitu for Commercial Services.Boeing Company is a major producer of
drones for the federal government and the United States military to assist with surveillance.
History and Background
Airbus Company was established in the year 1969 by Bernard Lathiere as the founder and named
as airbus industries launching its first aircraft in the year 1969.The main airbus plant is located in
France and a second one in Germany with another plant situated in Spain. Airbus is basically a
European manufacturing company producing almost half of world’s jetliners with an employee
population of almost 63000 in almost 4 countries.
Airbus Company is a manufacturer of a wide range of products including the manufacture
of commercial airplanes, private jets and military planes thus positioning the company as a
competitor in the export market. Airbus has been able to win a greater share orders in the past
years thus generating massive revenues from its sales. As per the year 2013 airbus revenues
stood at E 33.10 billion with a net income of E1.597 billion.
The company has ...