Boeing in Dubai

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    Boeing in Dubai

    Boeing

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    Company Background

    Founded in 1916 in Seattle, Washington- HQ in Chicago (2001)

    Company overview

    The world's leading aerospace company

    The largest manufacturer of commercial jetliners andmilitary aircraft combined

    Provide products and tailored serices to airlnes andU.S. And allied armed forces around the world

    Boeing capabilities Rotorcraft, electronic and defense systems, missiles

    Satellites launch systems and advanced informtio andcommunictionsysystems.

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    Company Background (cont')

    Company achievement

    Extends to customers inmore than 90 countires

    A leading U.s. Exporter in terms of sales.

    Employs 158,000 + people across the United Statesand in 70 countires.

    Boeing's enterprise leverages the talents of hundreds ofthousands more people working for boeing suppliersworldwide.

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    Business Sector

    Operate in 5 principal segments based on its products andservices:

    Commercial Airplanes;

    Boeing Military Aircraft (BMA), Network and Space Systems (N&SS)

    Global Services and Support (GS&S)

    Boeing Capital Corporation (BCC).

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    Business Sector (cont')

    Two main sectors:

    Commercial Airplanes

    Integrated Defense Systems

    About 70 percent of Boeing Commercial Airplanes' sales comefrom outside the U.S.

    The Business Unit considers the Middle East especiallykey

    Strategic mergers and acquisitions: North American Aviation

    McDonnell Douglas

    Rockwell International (space and defense business)

    Hughes Space & Communications

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    Performance Hi-light (2008)

    Total revenue: $60.9 billion

    Commercial Airplanes

    Revenue: $28.3 billion

    Employees: 68,000

    Integrated Defense Systems

    Revenue:$32 billion

    Employees: 70,000

    Boeing Capital Corporation

    2008 Portfolio: $6 billion

    Arrange/provide financing for customers of Boeingproducts

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    Company Leadership

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    SWOT Analysis

    Strength

    Strong fundamentals inproducts/services Strategies

    Peformance balance acrossdefense and commercialbus.

    Opportunities

    Commercial aviation remainsgrowth industry

    Defense markets' trend withthreat environment

    Threats

    Economic crisis in Dubai

    Lowered U.S. Defensebudget

    New Competition from China(AVIC, Brazil (Embraer)

    Weakness

    Slow in adapting to newtechnologies quickly

    Explosed to economicslowdown and flu outbreaks

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    Management Model

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    Innovation Technolgy

    Product Innovation

    777: nonstop-22 hr flight, 11k miles

    Can fly between any 2 cities in the world, non stop 787: Standard engine interface (GE/Rolls Royce)

    Mach 0.85, one of today's fastest commercial planes,while suing less uel

    Space shuttle design and development with NASA

    Services Innovation

    Shared Services Group (SSG): provides integrated/leanservices for of aerospace and defense products competitive designa nd manufacture

    GoldCare: lifecycle management solution that bringsinnovation to maintenance & engineering operations

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    Strategy in Dubai

    Regional Office established tomeet rising demand andpotential

    Dubai has become a touristattraction, shopping hub, and ithosts the annual Dubai Airshow

    Dubai International Airport amajor transportation hub in theMiddle East

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    Strategy in dubai (cont')

    Projected by 2010, 60 million passengers are expected to passthrough the gates of Dubai

    Middle East residents' growing demand to travel outside of the gulf

    and doing business in other parts of the world Boeing Dubai Service Center is one of eight Boeing spares

    distrubtion facilities worldwide

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    International/Political Issues

    Dubai crisis(Nov 26, 2009) has cast a shadow over a backlog ofaircraft orders, woth more than $60 billion, from Dubai, Inc.

    Defense spending cuts in President Obama's budget plan pose risk to

    Boeing's Integrated Defense Systems Controversy between Boeing and Airbus over launch aid in from of

    credits from European governments

    Airbus argue that Boeing receives illegal subsidies throughmilitary and research contracts and tax breaks

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    Contributions to Private Sector

    Retains over 130, 000 high quality jobs inAmerica

    As the largest U.s. Exporter, contributes to net exports

    Boeing jobs represent nine of every ten aeropsace jobs in

    Washington state Represent more than 9 percent of the economy and two thirds of total

    state exports of Washington

    Employs nearly 29,000 advanced degrees jobs, in virtually every

    business and technical field from approximately 27,700 colleges andunversities worldwide

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    Working Environment

    Boeing offers the ultimate sysnergy experience of the high techmanufacturing industry

    Boeing is Ranked the #1 most preferred employer by readers ofEqual Opportunity Magazine (Spring 2009)

    Strongly encourages innovationin any position

    Labor issues are often play a big role in the workplace as everyone inthe company is affected in some way

    Did not make Fortune's Best 100 companies to work for

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    References

    http://money.cnn.com/2008/09/12/news/economy/

    http://www.bloomberg.com/apps/news?pid=newsarc

    http://www.businessweek.com/globalbiz/blog/europeinsight/archives/2009/11/dubais_crisis_t.html

    http://money.cnn.com/2008/09/12/news/economy/boeing_impact/index.htmhttp://www.bloomberg.com/apps/news?pid=newsarchive&sid=aVvHsMfAVWr4http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aVvHsMfAVWr4http://money.cnn.com/2008/09/12/news/economy/boeing_impact/index.htm