Boeing Chairman and CEO Phil Condit served today as "Principal for a Day" at George Armstrong School for International Studies, a Chicago Public School. Condit used paper airplanes to teach a seventh grade science class about "How Things Fly." An engineer by training, Condit worked hands-on with students to explain science theories, such as gravity and lift, and how they make things fly. "Principal for a Day" is a Chicago Public Schools' annual initiative designed to help business and community leaders become more familiar with public education issues.
"Our commitment to public education is an investment in our future. Our company depends on schools to help the next generation of engineers, scientists, and technicians take their first steps into a world-class workforce," Condit told students.
Following Principal for a Day activities, Condit joined City of Chicago Mayor Richard M. Daley to announce Boeing's contribution of more than $1 million to Chicago-based education partnerships. Boeing has a longstanding commitment to public education, especially K-12 initiatives.
Boeing will continue its multi-year investments in After School Matters and The Chicago Public Education Fund announced earlier this year. After School Matters -- a collaborative effort among Chicago Public Schools, the Chicago Public Library and the Chicago Park District -- is dedicated to engaging Chicago's teenage youth in high-quality, hands-on activities with caring adults in the out-of-school hours. The Chicago Public Education Fund is a venture capital effort for public education designed to improve school leadership and student achievement.
"These investments all represent strategic and collaborative partnerships," said Toni Bailey, vice president of community and education relations. "Our philosophy toward citizenship involves more than financial support; it focuses on programs directed to systemic change in education," emphasized Bailey. The priority areas for Boeing's citizenship initiatives are education, health and human services, culture and arts, civic affairs and the environment.
Education is the largest commitment area for Boeing in the community and among its employees. Last year, through the company's Lifelong Learning Program, more than 30,000 Boeing employees took college courses at company expense; employees also receive Boeing stock when they complete a degree. Additionally, every Boeing manager attends a residential leadership development program at the Boeing Leadership Center in St. Louis.
Boeing is the world's leading aerospace company, with its heritage mirroring the history of flight. It is the largest manufacturer of satellites, commercial jetliners and military aircraft. The company is also a global market leader in missile defense, human space flight and launch services. In terms of sales, Boeing is the largest U.S. exporter. Total company revenues for 2001 were $58 billion.
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