Transforming Boeing

Statement of David L.

For more than a century, The Boeing Company has been at the forefront of historic innovations that connect people around the world and beyond. Today, our work continues to help chart the course for the future of aerospace.

Every day we work to transform our company to service big defence and commercial needs. There is substantial and growing demand for the products and services we create, with more than $400 billion in open orders. In response to these demands and in light of post-COVID supply chain challenges, a priority is making our aircraft production capabilities more predictable and scalable. We do this work while meeting exacting safety and quality standards that are set by our regulators and customers and reflect our values, and I am incredibly proud of the progress we have made in our journey together.

Our mission—to protect, connect and explore our world and beyond—is supported by our unwavering commitment to strengthening safety through continuous improvement, learning and innovation. We will never forget the lives lost in the 737 MAX accidents. Their memory drives us every day to uphold our responsibility to all who depend on the safety of our products and services.

Despite facing existential challenges in our company’s recent history, there has not been a single year in the last decade when we did not invest substantial time and capital to enhance our capabilities and deliver innovation. We established research and technology centers in Australia, Brazil, China, Europe, the Middle East, India, South Korea and most recently in Japan. We believe the unique local perspectives our teammates bring to the table allow us to collaborate globally to find technology solutions that drive future growth.

Our product portfolio spans an impressive array of commercial and defence products that meet our customers’ needs, including 737-7, 73710, 777X, KC-46, MQ-25 and the T-7A. That includes classified products that serve the U.S. government and NATO allies—which we cannot disclose— along with services platforms that cater to a global customer base.

Boeing is one of the most sophisticated engineering and technology companies in the world. We specialise in creating the world’s leading aerospace and defense products and solutions. Prioritising and expanding large-scale capability investments will help us secure our future.

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