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Thursday, May 8, 2014

The Boeing Company Offers Great Development in 21st Century



An American multinational corporation named as The Boeing Company designs, manufactures and sells aircrafts. Leasing and product support services are also provided by this company. The Company’s headquarters are located in Chicago. The Boeing Company is one of the largest companies that manufacture aircrafts. The Company is the U.S’ largest exporter by its dollar value. For its sales, the Company has been ranked at 30th number. Based on 2012’s revenue, the Company has been ranked as the second largest defense contractor.
In 21st century, The Boeing Company stock price has seen a distinguishable advancement.  In 2010, it put forward new in the fields of communications, control, computer and intelligence. Boeing Company announced Argon ST as company’s strategy on June 30, 2010, to expand its capabilities. Later on, on Nov 17, 2011, it was reported that Lion Air started ordering Boeing for its services. The Boeing Company stock finalized this order in $21-7 billion at list. The stock price of this order was larger than any other order recorded in past.  The order was of aircrafts and included option for another 150 airlines.
The Company announced to close its facilities in Kansas, in 2012. Latter on May 13, 2013 the Boeing Company stock news records that 26 percent increase in profit was announced. The profit is estimated to be 1.23 billion U.S. Dollars for year 2013. The Boeing Company stock chart shows that a larger part of this profit was based on the sale of aircrafts.

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