The industry of the Boeing was the Aircraft Industry. Commercial aircraft manufacturing was an industry of enormous risks where failure was the norm, no the exception. During 1980's, the number of large commercial jet makers had been reduced into four namely Boeing, McDonnell Douglas, Airbus and Lockheed. In late 1990's, the four commercial jet makers had been reduced into two which are Boeing and Airbus. The main reason why aircraft manufacturers so often failed was …
showed first 75 words of 1304 total

showed last 75 words of 1304 total
…to building jetliners, Boeing also expanded its defense, space and information businesses. In 1997, the Boeing Company took a strategic gamble, buying the McDonnell Douglas Company in $14 billion stock deal. As a result of the merger, Boeing had become the world's largest manufacturer of the military aircraft, NASA's largest supplier, and the Pentagon's second largest contractors. Nevertheless, despite the growth in its defense and space businesses, Boeing still derived most of its revenues from selling jetliners.