Wednesday, October 9, 2019
Boeing is the Manufacturing of Commercial Airplane and Military Research Paper
Boeing is the Manufacturing of Commercial Airplane and Military Airplanes - Research Paper Example In its growth, Boeing has managed to broaden its portfolio and grow its revenues and profitably, which has translated into improved stakeholder value. Boeing is ranked second after Airbus on being the maker of commercial jets and falls second after Lockheed Martin as a defense contractor. This research paper explores how Boeing leverages leveraged its performance through the use of strategic information architecture systems to meet its strategic enterprise objectives. Background Overtime, Boeing has grown to become one of U.S. biggest commercial jet manufacturers to command a significant global market share. The core objective of Boeing centers of continuing to lead the industry and creating innovative aircrafts and satisfying the entire customerââ¬â¢s growing needs. Boeing aspires to be the strongest, and the best integrated aerospace-based company globally. Boeing has grown to become the largest global aircraft manufacturer by revenue, deliveries, and orders, as well as one of t he largest aerospace and defense contractor globally. Boeingââ¬â¢s Commercial Aviation Services section enables Boeing to provide efficient, timely technical support to help airlines operators to keep their airplanes in optimum operating state. The acquisition of McDonnell Douglas in 1997 played a big role in raising the stature of the company. In 2010, Boeing revenue stood at USD 64.306 billion, which a drop of 6% from 2009 full-year results. The drop in revenue can be linked to multiple factors such as a reduction in airline demand, as well as production interruptions and consequent negative publicity connected to delays for the delivery of 787 Boeing Dreamliner (Boeing, 2011). The Boeing 787 Dreamliner can be regarded to be the most successful product that Boeing has launched in the recent past judged by the numbers of orders that Boeing has received. In the 1st Quarter of 2011, Boeing succeeded in raising its revenue by 2% from the 2010 revenue of $30.79 billion to $31.45 bil lion. Similarly, Boeingââ¬â¢s net income increased to $3.31 billion in 2010 from a 2009 net income of $1.31 billion. The 250% jump in net income emanate from the streamlining and efficiency procedures that Boeing implemented. During the first half of 2011, Boeingââ¬â¢s net income increased by 17% from $1.31 (2010) to $1.53 billion (2011) (Boeing, 2011). This demonstrates the economic success that Boeing currently enjoys owing to the robustness of its operations and the capability to utilize its resources productively. Boeingââ¬â¢s Organization and Management of Information Systems Boeing has a strong commitment towards the long-term enhancement in its products and processes. Boeing has a strong commitment towards customer satisfaction and improving shareholder value, which necessitates that Boeing continuously work together to enhance the overall efficiency and productivity within its design, administrative, manufacturing, and support organizations. The need for continuousl y improve products makes technology a central factor in generating the future of the aerospace industry. Boeingââ¬â¢s client base extends in over in over 90 countries, which has necessitated its adoption of partnerships across the globe in technology, service, and manufacturing sectors. Furthermore, Boeing enjoys a robust, in-house, research, design and technology-development departments and has also extended research and develop centers and programs in a number countries.à Ã
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