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55-657: The Boeing Phantom Badger , or simply the Badger , is a combat support vehicle built by Boeing , in collaboration with MSI Defense Solutions. Designed for transport inside the V-22 Osprey , the Badger is notable for its size and versatility. Unlike previous vehicles and competing offers, the Badger's design is such that it avoids non-standard equipment, instead using already available hardware for construction. Although officially certified for use with United States Navy aircraft,

110-491: A corporate citizenship program centered on charitable contributions in five areas: education, health, human services , environment , the arts , culture, and civic engagement . In February 2012, Boeing Global Corporate Citizenship partnered with the Insight Labs to develop a new model for foundations to more effectively lead the sectors they serve. The company is a member of the U.S. Global Leadership Coalition ,

165-462: A Washington D.C.–based coalition of more than 400 major companies and NGOs that advocate a larger International Affairs Budget, which funds American diplomatic and development efforts abroad. A series of U.S. diplomatic cables show how U.S. diplomats and senior politicians intervene on behalf of Boeing to help boost the company's sales. In 2007 and 2008, the company benefited from over US$ 10 billion of long-term loan guarantees, helping finance

220-527: A company providing commercial launch services sending satellites to geostationary orbit from floating platforms. In 2000, Boeing acquired the satellite segment of Hughes Electronics . In December 1996, Boeing announced its intention to merge with McDonnell Douglas , which, following regulatory approval, was completed on August 4, 1997. The delay was caused by objections from the European Commission , which ultimately placed three conditions on

275-582: A controlling interest of 51% in exchange for $ 500,000. After constructing two more prototypes (designated XHRP-1), the PV-3 would go into production as the HRP-1 in 1947 . The HRP-1 was commonly nicknamed the "flying banana" because of the upward angle of the aft fuselage which ensured the large rotors did not hit each other in flight. The nickname would later be applied to other Piasecki tandem-rotor helicopters of similar design. An evolutionary follow-on design to

330-672: A potential downgrade to junk status . On November 1, 2024, the IAM endorsed an improved contract offer which would see a 38% pay rise over four years, a $ 12,000 ratification bonus, and the reinstatement of an annual bonus scheme. On November 5, 2024, Boeing workers accepted the pay deal, ending a seven-week-long walk out. The company's three divisions are: Commercial Airplanes; Defense, Space & Security; and Global Services. In 2018 and 2019 , two Boeing 737 MAX narrow-body passenger airplanes crashed, leaving 346 people dead and no survivors. In response, aviation regulators and airlines around

385-518: A profit of US$ 9.7 billion, laying off 14,862 workers since 2008, and increasing executive pay by 31% to US$ 41.9 million in 2010 for its top five executives. Boeing has been accused of unethical practices (in violation of the Procurement Integrity Act ) while attempting to submit a revised bid to NASA for their lunar landing project. The firm has been criticized for supplying and profiting from wars , including

440-582: A prototype first flew on April 22, 1958. Impressed, the Army awarded a contract for ten production aircraft (then designated YHC-1A) in June and later asked Vertol in March 1959 to produce a larger version, which was designated V-114 . With the pressure to produce two relatively new designs, Vertol again ran into financial pressure and was acquired by Boeing on March 30, 1960, who renamed it Boeing Vertol . It became

495-768: A smoother ride. At approximately the same time the HRP-1 and HRP-2 were being developed, the Navy commissioned Piasecki to design a smaller tandem-rotor utility helicopter; the resulting prototype, which Piasecki called the PV-14, was designated XHJP-1. These went into production as the HUP-1 (PV-18), with the first variants delivered to both the Navy and the United States Army (as the H-25) in 1949; in total, 339 were delivered to

550-527: Is among the largest global aerospace manufacturers ; it is the fourth-largest defense contractor in the world based on 2022 revenue and is the largest exporter in the United States by dollar value. Boeing was founded by William E. Boeing in Seattle , Washington, on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. As of 2023,

605-452: Is responsible for about 11% of greenhouse gases emitted by the U.S. transportation sector. Aviation's share of the greenhouse gas emissions was poised to grow, as air travel increases and ground vehicles use more alternative fuels like ethanol and biodiesel . Boeing estimates that biofuels could reduce flight-related greenhouse-gas emissions by 60 to 80%. The solution blends algae fuels with existing jet fuel . Boeing executives said

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660-539: Is sustainable only as long as orders are good and delivery rates are increasing. From 2013 to 2019, Boeing spent over $ 60 billion on dividends and stock buybacks , twice as much as the development costs of the 787. In 2020, Boeing's second quarter revenue was $ 11.8 billion as a result of the pandemic slump. Due to higher sales in other divisions and an influx in deliveries of commercial jetliners in 2021, second quarter revenue increased by 44%, reaching nearly $ 17 billion. Revenues decreased 15 percent to $ 16.9 billion in

715-551: The Fortune Global 500 list (2020). The Boeing Company started in 1916, when American lumber industrialist William E. Boeing founded Pacific Aero Products Company in Seattle, Washington. Shortly before doing so, he and Conrad Westervelt created the "B&W" seaplane . In 1917, the organization was renamed Boeing Airplane Company, with William Boeing forming Boeing Airplane & Transport Corporation in 1928. In 1929,

770-537: The COVID-19 pandemic with plans for a total 10% cut of its workforce or approximately 16,000 positions. In July 2020, Boeing reported a loss of $ 2.4 billion as a result of the pandemic and the Boeing 737 MAX groundings , and that it was in response planning to make more job and production cuts. On August 18, 2020, CEO Dave Calhoun announced further job cuts; on October 28, 2020, nearly 30,000 employees were laid off, as

825-875: The Israel-Gaza war (2023-present) , demonstrations sought to block shipments of weapons for the Israel Defense Forces at Boeing facilities in St. Charles, Missouri , Tukwila, Washington , and Gresham, Oregon . Students at Florida State University , University of Washington , Saint Louis University , University of Missouri–St. Louis , and Washington University in St. Louis called for their institutions to break partnerships with Boeing. Research estimates that Boeing has made between $ 50 billion to $ 100 billion in revenue from sales to Israel. In 2024, students on hunger strike at Brown University named Boeing among

880-583: The Simi Hills of eastern Ventura County in Southern California , had been contaminated by Rocketdyne with toxic and radioactive waste . Boeing agreed to a cleanup agreement with the EPA in 2017. Clean-up studies and lawsuits are in progress. On July 19, 2022, Boeing announced a renewed partnership with Mitsubishi to produce carbon-neutral and sustainable solutions. The airline industry

935-485: The jatropha plant to see if it is a sustainable alternative to conventional fuel. A two-hour test flight using a 50–50 mixture of the new biofuel with Jet A-1 in a Rolls-Royce RB-211 engine of a 747–400 was completed on December 30, 2008. The engine was then removed to be studied to identify any differences between the Jatropha blend and regular Jet A1. No effects on performances were found. In 2008 and 2009, Boeing

990-838: The Badger is also used by the United States Air Force as well as United States Marine Corps special operations. The Badger is the second vehicle to fit into the MV-22 after the M1161 Growler ― the Internally Transportable Light Strike Vehicle (ITV-LSV) also designed specifically for use with the V-22 Osprey tiltrotor aircraft. The Badger is designed with mission-specific rear modules that are attached with six bolts at six connection points that can be interchanged on

1045-601: The Boeing 737 MAX 9. The FAA announced on January 12 that it was expanding its scrutiny of Boeing, with a production audit of the 737 MAX 9. On February 6, the National Transportation Safety Board released a preliminary report indicating that four bolts used to secure the panel had been removed, and appeared not to have been replaced, at Boeing’s factory in Renton, Washington . In March 2024,

1100-610: The Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington County, Virginia . The company is organized into three primary divisions: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS), and Boeing Global Services (BGS). In 2021, Boeing recorded $ 62.3   billion in sales. Boeing is ranked 54th on the Fortune 500 list (2020), and ranked 121st on

1155-642: The HRP-1, designated HRP-2, used an all-metal skin and switched crew seating to side-by-side instead of tandem; however, the limited power meant only five were built, all for the Coast Guard. In 1949, Piasecki provided the H-21 Workhorse to the United States Air Force , an improved version of the HRP-2 with a more powerful Wright R-1820 Cyclone radial engine. Piasecki's tandem-rotor helicopters flew higher than competing single rotor designs, and offered

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1210-612: The Justice Department opened a criminal investigation into the Alaska Airlines blowout. In March 2024, CEO Dave Calhoun and board chairman Larry Kellner both announced they would be stepping down from their positions. In 2006, the UCLA Center for Environmental Risk Reduction released a study showing that Boeing's Santa Susana Field Laboratory , a site that was a former Rocketdyne test and development site in

1265-596: The PV-2 was tethered to the ground as a safety measure, but the clothesline he used broke. He towed the helicopter behind his car in October 1943 to Washington, DC to demonstrate it to federal government officials; because the wheels had no bearings, he had to stop every 10 to 15 minutes to cool them. When asked to show his pilot's license following the demonstration in Washington, Piasecki admitted he did not have one and he

1320-587: The airplane manufacturer was increasingly losing money due to the COVID-19 pandemic. In May 2022, Boeing announced plans to move its global headquarters from Chicago to Arlington, Virginia , a suburb of Washington, D.C. The company said that this decision was made in part to concentrate on its defense work with "proximity to our customers and stakeholders". After the January 2024 Alaska Airlines Flight 1282 and other incidents, one shareholder proposed relocating

1375-401: The airplane was malfunctioning, and ultimately plummeted nose-down to the ground at terrifying speed". While the investigations into the crashes of the 737 MAX were proceeding, the Boeing 777X , the company's largest capacity twin jet and the largest ever built, made its maiden flight on January 25, 2020, but also experienced problems. Following an incident during flight testing in 2021,

1430-472: The board then changed the name of Piasecki Helicopter to Vertol (for vertical take-off and landing ) Aircraft Corporation and amended the bylaws to bar Piasecki's re-election as a director, on the grounds that he was running a rival company. In 1956, Vertol began developing a successor to the HUP with improved lift capacity by using turboshaft engines. The project was designated Vertol Model 107 (V-107) , and

1485-517: The company was collaborating with Brazilian biofuels maker Tecbio , Aquaflow Bionomic of New Zealand, and other fuel developers around the world. As of 2007, Boeing had tested six fuels from these companies, and expected to test 20 fuels "by the time we're done evaluating them". Boeing also joined other aviation-related members in the Algal Biomass Organization (ABO) in June 2008. Air New Zealand and Boeing are researching

1540-492: The company was renamed United Aircraft and Transport Corporation , followed by the acquisition of several aircraft makers such as Avion, Chance Vought , Sikorsky Aviation , Stearman Aircraft , Pratt & Whitney , and Hamilton Metalplane. In 1931, the group merged its four smaller airlines into United Airlines . In 1934, aircraft manufacturing was required to be separate from air transportation. Therefore, Boeing Airplane Company became one of three major groups to arise from

1595-419: The company's hiding of information from the safety regulators: a criminal monetary penalty of $ 243.6 million, $ 1.77 billion of damages to airline customers, and a $ 500 million crash-victim beneficiaries fund. In September 2022, Boeing was ordered to pay a further $ 200 million over charges of misleading investors about safety issues related to these crashes. In March 2023, Boeing disputed in court filings that

1650-408: The company. The average salary at Boeing was $ 76,784 in 2011, as reported by former employees. In 2022, Rory Kennedy made a documentary film, Downfall: The Case Against Boeing , streamed by Netflix . She said about the 21st-century history of Boeing "There were many decades when Boeing did extraordinary things by focusing on excellence and safety and ingenuity. Those three virtues were seen as

1705-624: The corporate headquarters back to the Seattle area in hopes of getting engineering and quality control teams on-site access to key decision-makers. Boeing's board soundly dismissed the attempt. In February 2023, Boeing announced plans for laying off approximately 2,000 of its workers from finances and human resources. In May 2023, Boeing acquired autonomous eVTOL air taxi startup Wisk Aero . In June 2024, Boeing agreed to re-acquire Spirit AeroSystems , its longtime supplier of airplane parts, which had been established in 2005 when Boeing spun-off its Wichita division to an investment firm. The deal

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1760-515: The crashes through a disintegration of workplace morale . In June 2020, the Federal Aviation Administration found several 737 MAX defects that Boeing deferred to fix, in violation of regulations . In September 2020, the U.S. House of Representatives concluded its own investigation and cited numerous instances where Boeing dismissed employee concerns with a 737 MAX flight stabilizing feature ( MCAS ) that caused

1815-562: The dissolution of United Aircraft and Transport; the other two entities were United Aircraft (later United Technologies ) and United Airlines. In 1960, the company bought Vertol Aircraft Corporation , which at the time, was the biggest independent manufacturer of helicopters . During the 1960s and 1970s, the company diversified into industries such as outer space travel, marine craft, agriculture, energy production and transit systems. In 1995, Boeing partnered with Russian, Ukrainian, and Anglo-Norwegian organizations to create Sea Launch ,

1870-418: The estimated first delivery of the aircraft was delayed until 2024. After further technical problems were discovered in the aircraft in 2022, the release was delayed again until 2025, six years after the original date. On January 5, 2024, on Alaska Airlines Flight 1282 , a door plug blowout occurred on a 737 MAX 9 jetliner after the plane had reached just over 16,000 feet, leaving a door-sized hole in

1925-599: The field in 30 minutes or less. Interchangeable modular mission capabilities include reconnaissance, combat search and rescue, casualty transport and explosive ordnance disposal in addition to mounts for weapons like a .50-caliber machine gun and 40mm automatic grenade launcher. Boeing The Boeing Company , or simply Boeing ( / ˈ b oʊ ɪ ŋ / ), is an American multinational corporation that designs, manufactures, and sells airplanes , rotorcraft , rockets , satellites , and missiles worldwide. The company also provides leasing and product support services. Boeing

1980-441: The first time since 2008. On October 12, 2024, the company announced plans to cut 17,000 jobs, about 10% of its global workforce, "to align with our financial reality". It would also delay the first deliveries of its 777X airliner by a year and recorded $ 5 billion in losses in the third quarter of the year. On October 28, Boeing initiated a significant share sale, valued at nearly $ 19 billion, to address cash-flow issues and avoid

2035-487: The fuselage and the aircraft made an emergency landing at Portland International Airport successfully with several people onboard injured, although all had subsequently been "medically cleared". The FAA mandated immediate inspections of all 737 MAX 9s fitted with door plugs, thereby grounding 171 aircraft. United Airlines found loose bolts on jets grounded by the FAA, raising questions about possible systemic problems with

2090-461: The highest-ever tax breaks at the state level in 2013. Boeing's spent US$ 16.9 million on lobbying expenditures in 2009. In the 2008 presidential election , Barack Obama "was by far the biggest recipient of campaign contributions from Boeing employees and executives, hauling in US$ 197,000 – five times as much as John McCain , and more than the top eight Republicans combined". Boeing has

2145-569: The key to profit. It could work, and beautifully. And then they were taken over by a group that decided Wall Street was the end-all, be-all." Piasecki Helicopter The Piasecki Helicopter Corporation was founded in 1940 by Frank Piasecki and fellow aeronautics student Harold Venzie as the P-V Engineering Forum (shortened from Piasecki-Venzie); the other partners were F.J. Kosloski, Donald N. Meyers, Elliott Daland, and Walter Swartz. The first design from P-V Engineering

2200-525: The latter won, and that this may have contributed to the events leading up to the 737 MAX crash crisis. Boeing's corporate headquarters moved from Seattle to Chicago in 2001. In 2018, the company opened its first factory in Europe at Sheffield , UK, reinforced by a research partnership with the University of Sheffield . In May 2020, the company cut over 12,000 jobs due to the drop in air travel during

2255-752: The list of corporations to divest from. Five protesters in solidarity with the Palestinian cause were arrested on felony charges after blocking entrances to a Boeing facility in Heath, Ohio . The student union at Washington University in St. Louis passed a resolution calling on the university to divest from Boeing. The key trends of Boeing are (as at the financial year ending December 31): Between 2010 and 2018, Boeing increased its operating cash flow from $ 3 to $ 15.3   billion, sustaining its share price, by negotiating advance payments from customers and delaying payments to its suppliers. This strategy

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2310-485: The merger: exclusivity agreements with three US airlines would be terminated, separate accounts would be maintained for the McDonnell-Douglas civil aircraft business, and some defense patents were to be made available to competitors. In 2020, Quartz reported that after the merger there was a "clash of corporate cultures, where Boeing's engineers and McDonnell Douglas's bean-counters went head-to-head", which

2365-522: The militaries of the United States, Canada, and France by 1954. The HUP was designed with overlapping main rotor blades, which reduced the size so they could be carried on aircraft carrier elevators. Don R. Berlin was brought in as president and director of Piasecki Helicopters in 1953, while Frank Piasecki was chairman of the board. Under Piasecki, the company began the PV-15 large transport tandem helicopter project (designated H-16 ). The prototype PV-15

2420-630: The purchase of their commercial aircraft in countries including Brazil, Canada, Ireland, and the United Arab Emirates , from the Export-Import Bank of the United States , some 65% of the total loan guarantees the bank made in the period. In December 2011, the non-partisan organization Public Campaign criticized Boeing for spending US$ 52.29 million on lobbying and not paying taxes from 2008 to 2010, instead getting US$ 178 million in tax rebates , despite making

2475-519: The second quarter of 2024, compared to the same time period in 2023. The company's operating loss amounted to $ 1.39 billion and its net loss to $ 1.43 billion, while plane deliveries fell to 92 (from 136 in 2023). The company's employment totals are listed below. Approximately 1.5% of Boeing employees are in the Technical Fellowship program, a program through which Boeing's top engineers and scientists set technical direction for

2530-451: The two fatal accidents, prioritized deadline and budget constraints over safety , and lacked transparency in disclosing essential information to the FAA. It further found that the assumption that simulator training would not be necessary had "diminished safety, minimized the value of pilot training , and inhibited technical design improvements". On January 7, 2021, Boeing settled to pay over $ 2.5 billion after being charged with fraud over

2585-492: The victims of Ethiopian Airlines Flight 302 (the 2019 crash) experienced any pain and suffering in the final six minutes as the plane was nosediving into the ground, citing "speed of sound" as a defence. Boeing's claim was described as "preposterous" by HuffPost : Passengers aboard the plane, the plaintiffs argued in court, "undeniably suffered horrific emotional distress, pain and suffering, and physical impact/injury while they endured extreme G-forces, braced for impact, knew

2640-493: The war in Yemen where its missiles were found to be used for indiscriminate attacks, killing many civilians. In 2017 Boeing signed a deal with Saudi Arabia which included Saudi Arabia buying military aircraft and guided missile systems. In 2023, it was reported that Boeing sent 1,000 small diameter bombs for the first week of Israeli air attacks on Gaza that were shipped from a US Air Force base by Israeli Air Force . During

2695-405: The world grounded all 737 MAX airliners. A total of 387 aircraft were grounded. Boeing's reputation, business, and financial rating suffered after the groundings, as Boeing's strategy, governance, and focus on profits and cost efficiency were questioned. In 2022, Netflix released an exposé, Downfall: The Case Against Boeing , claiming Boeing's corporate merger with McDonnell Douglas led to

2750-514: The world's first successful tandem rotor design. The PV-3 first flew on March 7, 1945 and bore the Navy designation XHRP-X; it was larger and capable of lifting more than the contemporary Sikorsky designs. Because P-V Engineering lacked the capital to fund production, the company was reorganized and renamed to the Piasecki Helicopter Corporation in 1946 , with Laurance Rockefeller and A. Felix du Pont Jr. taking

2805-470: Was first flown in 1953, but a fatal crash in January 1956 led to the cancellation of the project. The majority owners eventually lost faith in Frank Piasecki's leadership and by May 1956 he was forced out of the company. He had formed a new company, Piasecki Aircraft Corporation to pursue the development of compound helicopters and other rotorcraft. In two successive special stockholders' meetings

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2860-564: Was initially discussed in March of the same year before being closed on June 30 at $ 4.7 billion. On September 12, 2024, a vote was held among Boeing machinist workers who are also members of the International Association of Machinists and Aerospace Workers (IAM) labor union, with 94.6% of participating members rejected a contract offer that the union's bargaining committee had endorsed, with 96% voting to strike. At 12:01 am on September 13, Boeing workers went on strike for

2915-572: Was issued the first helicopter pilot's license on October 20, 1943, by the Civil Aviation Administration . With the successful demonstration of the PV-2, Piasecki convinced the United States Navy to fund the development of a follow-on prototype, signing a contract on January 1, 1944; this marked the start of the design and sale of a series of tandem rotor helicopters to the Navy. The resulting PV-3 became

2970-420: Was second on the list of Top 100 US Federal Contractors , with contracts totaling US$ 22 billion and US$ 23 billion respectively. Between 1995 and early 2021, the company agreed to pay US$ 4.3 billion to settle 84 instances of misconduct, including US$ 615 million in 2006 in relation to illegal hiring of government officials and improper use of proprietary information. Boeing secured

3025-546: Was the PV-1, a rotorless-tail design that used a tapering tail cone and pressurized air to suppress main rotor torque. Venzie left the firm in 1943. The PV-2 (NX-37061) was a more conventional design and became the third helicopter flown in the United States (following Igor Sikorsky 's VS-300 and Sikorsky R-4 ). It was designed and flown by Frank Piasecki on April 11, 1943 . Piasecki had limited pilot experience;

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