Boeing Corporation, Headquartered in Chicago, is the United States’ second largest military contactor. Boeing researches, designs, and produces a wide variety of “products” for military and civilian uses: aircraft (military & commercial), logistical/maintenence/training support for said aircraft, intelligence/surveillance systems (giant biomentric towers on US-Mexico border), space exploration (shuttles & space stations), missile defense systems, nuclear & ballistic missiles, command-control-communications “C3″systems, “Phantom Works” (spaceships that kill, sattelites, etc), refueling tankers, and financial services to help fund & sell Boeing products. Boeing received the most amount of federal contract dollars in 2008, second most in 2007 only to Lockheed Martin.
Boeing works closely with, ie: gets huge contracts from, NASA, the NSA, DoD, Homeland Security, Israeli Government, Saudi Arabian Government, Austrailian Government, among others.
Boeing’s subsidiaries include: AeroInfo Systems, Alteon Training, Boeing Aerostructures Austrialia, Boeing Defense Austrialia, Continental Data Graphics Corporation, Jeppesen (contracted to run Extraordinary Rendition flights), Preston Group, SBS International.
Total Revenue 2007: $66.4 billion
Total Revenue 2008: $60.9 billion
Gross Profit 2007: $13.0 billion
Gross Profit 2008: $10.6 billion
Net Income 2007: $4.1 billion
Net Income 2008: $2.7 billion
The corporation is also one of the biggest political contributors in Washington, giving more than $9 million to Democratic and Republican members of Congress in the last decade. (http://www.alternet.org/story/77320/?page=entire)
100 N Riverside Plaza
Chicago, IL 60606
CEO W. James McNerney Jr.
military contracts (as reported on militaryindustrialcomplex.com) from 10-30-2006 to present: $30.67 billion
Boeing develops and produces weapons and aircraft capabilities, intelligence and surveillance systems, and communication infrastructures.
Boeing is the second largest US defense contractor. Boeing also coordinates Future Combat Systems (FCS), an ambitious 125-billion-dollar project aimed at making US soldiers more effective on the battlefield by integrating new weapons and communications systems. Almost all US defense contractors are participating in the FCS program. At the end of June, 2005, Boeing had military orders of $85.7 billion.
Awarded an $80 million government contract to do surveillance on the Arizona border, to create a network of 1,800 high-tech towers, equipped with cameras and motion detectors that could feed live information to Border Patrol agents. Towers are equipped with retinal and facial biometric sensors.
They donate millions to Old School Folk Music School, theaters, jazz series in Millennium Park, thus putting a good public relations face on an otherwise frightening corporation.
Utilizes the cheap (if not free) labor of US prisoners (Angela Davis, Corpwatch). Boeing has been taken to court for discrimination in pay against both female (28,000) and African-American (15,000) employees. Boeing settled a class action lawsuit in 1990 for 700 employees who were unwittingly exposed to electromagnetic pulse radiation and monitored for health affects.
Former CEO Harry Stonecipher was ousted on March 6, 2006, after it was revealed that he had a relationship with a female vice-president at Boeing . The “Palm Springs fling,” as it became known at the company, followed a three-year stretch of widely publicized corporate misbehavior highlighted by the jailing of Boeing ‘s former CFO, for holding illegal job negotiations with Darlene Druyun, a senior Pentagon official; the indictment of a Boeing manager for allegedly stealing 25,000 pages of proprietary documents from his former employer Lockheed Martin, and a judicial finding that Boeing had abused attorney-client privilege to help cover up internal studies showing that female employees were paid less than men. Boeing paid a fine of $5 million in 1989 following a plea of guilty for illegally obtaining classified Pentagon planning documents.
Watchdogs and related campaigns:
Project on Government Oversight (federal contracts)
Federation of American Scientists
Center for Defense Information
Reaching Critical Will
Boeing describes itself as “the world’s leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft. Boeing designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. As a major service provider to NASA, Boeing operates the Space Shuttle and International Space Station. Boeing has customers in more than 90 countries around the world and is one of the largest U.S. exporters in terms of sales.”
Headquartered in Chicago, IL, Boeing employs more than 150,000 people across the United States and in 70 countries, with major operations in the Puget Sound area of Washington State, southern California and St. Louis. Total company revenues for 2007 were $66.4 bn.
Boeing is one of the largest U.S. federal defense contractors. Its has traditionally also been willing to make huge gambles on developing new generations of planes–seen most recently in the 777 series that will become available in the mid-1990s.
Number of employees worldwide:
Chief executive officer:
W. James McNerney, Jr.
2008 Global Fortune 500 rank:
FEDSPENDING.ORG : best contract searching database ive EVER SEEN. amazing.
top federal contracts by year by company
|FY 2008 Rank||Parent Company Name||Dollars||% of total|
|2||LOCKHEED MARTIN CORP||$2,412,315,828||4.68%|
|3||NORTHROP GRUMMAN CORP.||$1,624,193,376||3.15%|
|4||LOS ALAMOS NATIONAL SECURITY LIMITED LIABILITY COMPANY||$1,447,722,456||2.81%|
|5||BECHTEL GROUP, INC.||$1,413,566,304||2.74%|
|6||LAWRENCE LIVERMORE NATIONAL SECURITY LIMITED LIABILITY COMPANY||$1,039,231,351||2.02%|
|8||ABU DHABI NATIONAL OIL CO||$918,256,500||1.78%|
|10||GENERAL DYNAMICS CORP.||$796,485,877||1.55%|
|11||MACANDREWS & FORBES HOLDINGS INC.||$771,962,307||1.50%|
|FY 2007 Rank||Parent Company Name||Dollars||% of total|
|1||LOCKHEED MARTIN CORP||$33,069,645,681||7.69%|
|3||NORTHROP GRUMMAN CORP.||$19,262,160,914||4.48%|
|4||GENERAL DYNAMICS CORP.||$14,151,559,422||3.29%|
|7||L-3 COMMUNICATIONS HOLDINGS||$6,561,270,299||1.53%|
|8||UNITED TECHNOLOGIES CORP.||$5,703,412,871||1.33%|
|9||SCIENCE APPLICATIONS INTL CORP||$5,282,150,740||1.23%|
|12||COMPUTER SCIENCES CORP.||$4,170,081,213||0.97%|
|14||MACANDREWS & FORBES HOLDINGS INC.||$3,360,791,639||0.78%|
|15||GENERAL ELECTRIC COMPANY||$3,176,850,382||0.74%|
|19||BECHTEL GROUP, INC.||$2,490,718,776||0.58%|
location of project site for federal contract money (mapping)
|District of Columbia||$1,562,667|
|Other (not in 50 states plus DC)||$35,252,036|
|Place or Category||Total Obligated|
|Bad data / unknown||$365,408|