Boeing Spent over $20 Billion with U.S. Companies in 1996
The Boeing Company, which now includes the former McDonnell Douglas Corp. and Rockwell's aerospace and defense units, spent more than $20 billion last year purchasing a wide range of parts, equipment and services from U.S. companies located in all 50 states and the District of Columbia.
"Boeing production of commercial and military aircraft, helicopters, space systems and other products, help create tens of thousands of jobs throughout the United States," said Phil Condit, Boeing chairman and chief executive officer. "Our suppliers, both large and small, are located in every state in the nation and make a huge contribution to the strength of the overall economy."
Separately, Boeing spent approximately $13 billion with more than 32,000 U.S. suppliers; McDonnell Douglas spent more than $6 billion with approximately 14,000 U.S. suppliers; and Rockwell's aerospace and defense units spent approximately $1 billion with over 12,000 domestic suppliers.
Condit added, "Our suppliers represent a wide spectrum of U.S industries from engine manufacturers to electronic component producers, from utility companies to tool and die makers. Our many different suppliers throughout the U. S. point out the diversity of Boeing products and services and help us provide quality and cost-effective products to our customers."
Boeing, the world's largest aerospace company, acquired Rockwell's aerospace and defense businesses in December 1996 and merged with McDonnell Douglas Corp. in August 1997. The Boeing Company has approximately 225,000 employees in 27 states and anticipates revenues of approximately $48 billion in 1997.
###