The Boeing Co. (NYSE:BA) is a Dow Jones component that most investors are familiar with. While the business end isn’t exactly a household name, nearly everyone has heard of the company, if at the least, for its airplanes. While airplanes are a large component of the business, it also is involved in a number of other enterprises. Aside from commercial jetliners, the company is involved in designing and manufacturing military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five main segments you should be aware of, which reflect its operations: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital.
The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, as well as provides related support services to the commercial airline industry. This segment also provides aviation services support, aircraft modifications, spares, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment is involved in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems for the global strike and vertical lift, mobility, surveillance, and engagement.
The Network & Space Systems segment is engaged in the research, development, production, and modification of electronics and information solutions, strategic missile and defense systems, space and intelligence systems, as well as space exploration products. The Global Services and Support segment offers a range of products and services comprising integrated logistics, including supply chain management and engineering support, maintenance, and modification.