Tuesday, February 3, 2009

What is Boeing?-FREE Investment Analysis

Firm Information

William E. Boeing formed Pacific Aero Products Co. in Seattle, Washington, in 1916. In 1934, because of the Air Mail Act, which prohibited airlines and manufacturers from being under the same corporate umbrella, the company split into Boeing, United Airlines, and United Aircraft Corporation (today known as United Technologies). Boeing started out manufacturing planes for the military during World War I and then began participating in mail delivery. They also entered the passenger plane market when it became popular. Within ten years, Boeing was one of the largest aircraft manufacturers in the country.

Boeing designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles, and advanced information and communication systems. Boeing...click here to read the rest.

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