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: Commercial Airplanes (BCA)
Boeing's commercial airplane segment develops, produces and markets commercial jet aircraft and provides fleet support services, primarily for the global airline industry. The segment supplies jetliners to meet global airlines' varying requirements for transporting passengers and cargo. 8 ﻿ In FY 2020, the segment posted a loss from operations of $13.8 billion. Revenue fell 49.9% to $16.2 billion, comprising about 28% of Boeing's total revenue. 9 ﻿ BCA is the segment responsible for producing the Max 737, and was thus hit hard by the aircraft's grounding in March 2019.﻿﻿
Defense, Space & Security (BDS)
Boeing's BDS segment researches, develops, produces, and modifies military aircraft and weapons systems for strike, surveillance, and mobility. The segment also researches, develops, produces, and modifies strategic defense and intelligence systems, as well as satellite systems. The segment's top customer is the U.S. Department of Defense, which accounted for about 83% of its revenue in FY 2020. 9 ﻿﻿﻿ Earnings from operations fell 41.1% in FY 2020 to $1.5 billion, comprising 75% of the total. Revenue grew 0.6% to $26.3 billion, comprising 45% of the total for all segments. 9 ﻿
Global Services (BGS)
Boeing's global services segment offers services to its commercial and defense customers around the globe.