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Boeing Swot Analysis

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Boeing Swot Analysis
The History of Boeing over the Last Century

The Boeing Company, founded in 1916 by William E. Boeing, is a successful manufacturer of military and civil aircraft, based in Seattle, Washington State. They have manufactured many aircraft over the last 99 years, some of which have become extremely popular, including the Model 314, the 307, the 737, and the 747. In this report, I will attempt to give a brief overview of the history of the Boeing Company over the last century.
William Edward Boeing was born to a German family in Detroit on the 1st of October 1881. In 1903, Boeing moved to Washington State, starting a timber company there. In 1908, he moved to Seattle, his successful business allowing him to become interested in flying, with his friend Thomas F. Hamilton. According to P.G. Dancey, Boeing was allowed aboard aviation pioneer’s Curtiss flying boat on the 4th of July 1914. Soon after, Boeing decided to learn to fly, and he earned his pilot license, soon after buying himself a Martin seaplane, because, the area around Seattle was, “an area with many huge lakes
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Pacific Aero Products was founded on the 15th of July, 1915. However, on 26 April 1917, after moving to the Heath Shipyard, beside the Duwanish River, the company was renamed to “Boeing Airplane Company”. Boeing needed to come up with $700 a week in wages, besides raw materials and rent. Nevertheless, Boeing’s company became successful after the United States entered World War One in 1917, because the U.S Navy had placed an order for 50 Model C trainer seaplanes. However, less than eighteen months later, the war ended, and the contract was cancelled. Nobody wanted new airplanes, with so many cheap planes from the war in the market. Boeing had to make boats and furniture to keep the company from going

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