Question

What is the "Nature of its operations" of the Boeing Company?

Answer 1

The Boeing Company is an MNC headquartered in Chicago, US. It was primarily started as an airplane manufacturer - it begun by producing seaplanes in the early 1900s, but has now moved into various fields in the line of aviation and aeronautics.

In the commercial airspace industry, Boeing operates one of the most successful carriers ever - the 737 along with a number of new additions to its kitty and has made itself a dear supplier to major airlines of the world. It also produces and supplies business jets.

In the defense segment, Boeing is the fifth-largest defense contractor in the world, producing and selling a variety of choppers, attack helicopters, fighter jets, missile defense systems, unmanned aerial vehicles and weapons.

In the space sector, the Boeing has the International Space Station( ISS) to its list of creations along with a variety of satellites and spaceplanes and also a variety of GPS satellites.

Boeing is also involved in the service sector in the airspace industry, providing innovative and cost-efficient solutions to its customers across the globe including many governments.

Steadily, Boeing is also entering the Innovation and creativity sector to use data analytics and create major developments in the above stated lines of operation and also to positively change the environment.