Boeing

The Boeing Company 2010 Annual Report

At Boeing, we aspire to be the strongest, best and best-integrated aerospace-based company in the world — for today and tomorrow.

The Boeing Company Boeing is the world’s largest aerospace company and leading manufacturer of commercial airplanes and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in more than 90 countries. Our products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. With corporate offices in Chicago, Boeing employs more than 160,000 people across the United States and in 70 countries. Our leadership is strengthened further by hundreds of thousands of people who work for Boeing suppliers worldwide.

Contents Operational Summary Message From Our Chairman The Executive Council Financial Results Form 10-K Selected Programs, Products and Services Shareholder Information Board of Directors Company Officers 1 2 7 8 9 134 141 142 142

Cover photo: 787 Dreamliner in flight test Photo above: F/A-18E/F Super Hornet

strength

Operational Summary Q Earned net income of $3.3 billion,

or $4.46 per share, compared with $1.3 billion, or $1.87 per share, in 2009.

Q Delivered 115 production military

aircraft, two launch vehicles and four satellites, and increased backlog at Defense, Space & Security to $65 billion, more than twice the business unit’s 2010 revenue.

Q Delivered the 900th 777 and started

assembly of the 1,000th 767.

Q Delivered revenues of $64.3 billion,

compared with $68.3 billion in 2009.

Q Achieved key Defense, Space &

Security milestones, including delivery of the first P-8A Poseidon for flight testing; unveiling of two unmanned aircraft — the fighter-sized Phantom Ray and the hydrogen-powered Phantom Eye — in preparation...