Boeing suffered through four tough years. The company is now picking up deliveries for its 737 MAX airliners and 787 Dreamliners.
Boeing is now hiring again to pick up the pace. However its is now behind Airbus in ordfers and deliveries.
CEO David L. Calhoun stated in the 2022 annual report:
“Every day we work to transform our company to service big defense 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.
Boeing is one of the most sophisticated engineering and technology companies in the world. We specialize in creating the world’s leading aerospace and defense products and solutions. Prioritizing and expanding large-scale capability investments will help us secure our future.
Additionally, distinctive new capabilities will deliver breakthrough benefits to our customers and reshape our industry in our favor, while uncovering new opportunities for growth. As part of our capability-building journey, we grew our workforce by about 23,000 teammates in 2022, primarily in engineering and manufacturing.
Our team works around the clock to create pioneering physical materials, sophisticated digital platforms and advanced production systems. Digital threads increasingly knit together our capabilities from design to production to support. Big data linked to intelligent analytics powers technologies embedded into our products and services while creating more efficient operations.”
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