Title: How Boeing Makes Money: Airplanes, Defense, Services, Financing
Headings: How Boeing Makes Money
How Boeing Makes Money
Defense, Space & Security segment is the largest revenue source
Key Takeaways
Boeing's Financials
Boeing’s Business Segments
Commercial Airplanes (BCA)
Defense, Space & Security (BDS)
Global Services (BGS)
Boeing Capital (BCC)
Boeing’s Recent Developments
Article Sources

Content: Learn about our editorial policies
Matthew Johnston
Updated Feb 4, 2021
Boeing Co. ( BA ), one of the world's leading aerospace companies, develops and manufactures commercial jets, military aircraft, weapons systems, and strategic defense and intelligence systems. The company offers services and support to customers globally, and provides financing for orders and deliveries. One of Boeing's biggest customers is the U.S. government. 1 ﻿﻿
One of Boeing's biggest rivals, especially for commercial aircraft, is Europe-based aerospace firm Airbus SE ( EADSY ). Boeing also has aerospace rivals based in Russia, China, and Japan. Additionally, the company's defense and space business faces competition from major players like Lockheed Martin Corp. ( LMT ), Northrop Grumman Corp. ( NOC ), Raytheon Co. ( RTX ), General Dynamics Corp. ( GD ), U.K.-based BAE Systems PLC ( BAESY ), and Elon Musk's Space X. 2 ﻿﻿
Key Takeaways
Boeing produces commercial and military aircraft, weapons systems, strategic defense and intelligence systems, and related products and services. Defense, Space & Security has overtaken Commercial Airplanes as Boeing's largest revenue source. The U.S. government is one of Boeing's largest customers. The 737 MAX has returned to service after being grounded for nearly two years. Boeing's Financials
Boeing has faced a number of struggles over the past year that have adversely impacted its business, including the COVID-19 pandemic and the grounding of the company's 737 MAX aircraft.