Boeing 2009 Annual Report Download - page 13

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Item 1. Business
The Boeing Company, together with its subsidiaries (herein referred to as “Boeing,” the “Company,”
“we,” “us,” “our”), is one of the world’s major aerospace firms.
We are organized based on the products and services we offer. We operate in five principal segments:
ŠCommercial Airplanes;
ŠThe three segments that comprise our Boeing Defense, Space & Security (BDS) (formerly
Integrated Defense Systems) business:
ŠBoeing Military Aircraft (BMA),
ŠNetwork & Space Systems (N&SS) and
ŠGlobal Services & Support (GS&S)
ŠBoeing Capital Corporation (BCC).
Our Other segment classification principally includes the activities of Engineering, Operations &
Technology (EO&T) and certain intercompany items. EO&T is an advanced research and development
organization focused on innovative technologies, improved processes and the creation of new
products.
Commercial Airplanes Segment
The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and
provides related support services, principally to the commercial airline industry worldwide. We are a
leading producer of commercial aircraft and offer a family of commercial jetliners designed to meet a
broad spectrum of passenger and cargo requirements of domestic and non-U.S. airlines. This family of
commercial jet aircraft currently includes the 737 narrow-body model and the 747, 767, 777 and 787
wide-body models. The Commercial Airplanes segment also offers aviation services support, aircraft
modifications, spares, training, maintenance documents and technical advice to commercial and
government customers worldwide.
Boeing Defense, Space & Security
On January 7, 2010, we announced that Integrated Defense Systems will begin operating under the
name Boeing Defense, Space & Security (BDS). Our BDS operations principally involve research,
development, production, modification and support of the following products and related systems:
global strike systems, including fighters, bombers, weapons and unmanned systems; global mobility
systems, including transport and tanker aircraft; rotorcraft systems, including transport, combat and tilt-
rotor aircraft; airborne surveillance and reconnaissance aircraft, including command and control, battle
management and airborne anti-submarine aircraft; network and tactical systems, including information
and battle management systems; intelligence and security systems; missile defense systems; space
and intelligence systems, including satellites and commercial satellite launching vehicles; and space
exploration. BDS is committed to providing affordable, best-of-industry solutions and brings value to
customers through its ability to solve the most complex problems utilizing expertise in large-scale
systems integration, knowledge of legacy platforms and development of common network-enabled
solutions across all customers’ domains. BDS’ primary customer is the United States Department of
Defense (U.S. DoD) with approximately 80% of BDS 2009 revenues being derived from this customer.
Other significant revenues were derived from the National Aeronautics and Space Administration
(NASA) and international defense markets, civil markets and commercial satellite markets.
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