Swot Analysis Of Boeing

Mission Statement A Mission statement as defined by Google dictionary is: a formal summary of the aims and values of a company, organization, or individual. Their Mission statement is the following: “Facilitate the partnership of the International Association of Machinists and Aerospace workers and The Boeing Company in order to provide innovative solutions that improve the Health and Safety, Quality, Productivity and Employee Development in the workplace.” (Iam-Boeing.com) Boeing is saying that they are going to try try their best to provide a safe and quality work experience for their employees, so that The Boeing Company can profit from their hard work .

History

In 1916, William Boeing founder Boeing after recently invented a single engine,

In 1928, William Boeing formed his new company Boeing Airplane & Transportation Corporation. The next year they acquired many companies including: Chance Vought, sikorsky Aviation, Avion, Pratt & Whitney, and Hamilton Metal Plane. They rename the company United Aircraft and Transport Corporation.

In 1934, under the mail act of 1934, aircraft manufacturers and were required to divorce from air transport. Boeing Airplane Company was one of three companies that split, as well as United Airlines, and United Aircraft Corporation (now United Technologies Corporation).

Boeing had been an established ties with the United States to sell military aircrafts, but its commercial projects lagged behind its competitors: Douglass and Lockhead. In order to dominate the market, Boeing invented the 707. The 707 was powered by turbo engines, and to say it was a success would be an understatement. This model would be followed by other 700 series airliners and be later

Trump, it seems that his idea of “America First” policies may tremendously affect Boeing. Boeing heavily relies on other countries for parts and supplies. They get their parts from a multitude of european countries. Business Insider explains “the countries involved with Boeing: Its wings and batteries come from Japan.Its wing tips come from South Korea. India is the source of its floor beams. The front fuselage is made in the USA and Japan. The center fuselage and horizontal stabilizers are from Italy. Landing gear and doors? France. Cargo access doors are built in Sweden. The wing/body fairings, which cover gaps on the body, are from Canada. The movable trailing edge of the wings are from Canada, except when they’re from the US or Australia. Thrust reversers come from Mexico. Its engines come from either General Electric in the US or Rolls-Royce In the UK.” Boeing partners with eleven other countries. If Trump imposed more import tariffs this could hurt the other countries along with Boeing as a