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Boeing is also the biggest civil aircraft manufacturer in terms of value. The company is currently presided by CEO and executive chairman Jim McNerney.
The company was founded in Seattle by William E. Boeing on July 15, 1916, together with George Conrad Westervelt, a U.S. Navy engineer, and was named "B&W" after their initials.
In 1958, Boeing began delivery of its B707, the United States' first commercial jet airliner, in response to the British De Havilland Comet, French Sud Caravelle and Soviet Tupolev Tu-104; which were the world's first generation of commercial jet aircraft.
In recent years Boeing has faced an increasingly competitive Airbus, which offers some commonality between models and the latest fly-by-wire technology...
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