About Business
The Boeing Company specializes in designing, manufacturing, and selling rockets, rotorcraft, missiles, airplanes, and satellites across the world. The company is based in Crystal City, Virginia, United States. It was founded on 15 July 1916 by William E. Boeing. However, the company was formerly known as Pacific Aero Products Co. until 1917 and then as Boeing Airplane Company until 1961. The present company was established by Boeing's merger with McDonnell Douglas in 1997.? In 2020, Boeing was at the 54th position in the Fortune 500 list, and at the 121st on the Fortune Global 500. The company acquired the Vertol Aircraft Corporation, a largest producer of helicopters. Boeing expanded its business to several industries including energy production, space travel, agriculture, marine craft, etc.?