Boeing top gainer in Coho Partners jumps 23.7% in 34 days 02 August 2022

NEWS BITES - NORTH AMERICA

www.buysellsignals.com

The Boeing Company (NYSE:BA), the NYSE's 2nd largest Aerospace company by market cap, is the top gainer, [ranked 1 out of 54] by % price gain, as per disclosure by Coho Partners to the SEC of their holdings as at Jun 30, 2022. It is assumed there has been no significant change in the holdings since that date.

It has jumped $32.35 (or 23.7%) from $136.72 as at Jun 30 to $169.07 as at today's close. Market Capitalization has jumped by $19.5 billion from $80.9 billion to $100.4 billion in the past 34 days since Jun 30.

BOEING Stock Dashboard [traded in US Dollars, USD]

ExchangeNYSEIndependent Sector RankingRanked 381 in Forbes2000
Aug 02, 2022$164.68Market Cap$98 billion
EPS (FY2021)($7)Shares Outstanding593,811,169
EPS Growth % (Q2 2022 vs Q2 2021)-68.0Institutional Ownership325,332,982
Ave Daily Volume10,100,012 shares% of shares outstanding55%
52-Week Range113.02 - 241.15BA in IndicesS&P 500, NYSE U.S. 100
SectorAerospace

Institutional ownership updated after last SEC Filing on May 18

TODAY'S INSTITUTIONAL NEWS FROM Q2 2022 REPORTS

TOP TWO INSTITUTIONAL SELLING OF BA IN Q2 REPORTED TODAY

[Figures in brackets show transaction value estimates based on updated close price]

+ Calamos Advisors slashes 37.7% in Boeing [$12.1 million]

Calamos Advisors LLC decreased its net position in Boeing by 84,348 shares (or 37.7%) in Q2/2022.

In SEC filings for Q1/2022, Calamos Advisors LLC (CIK:0001316507) was ranked 108 out of 2035 institutional shareholders of Boeing (NYSE:BA). During the quarter the Volume Weighted Average Price (VWAP) of Boeing was USD143.49, valuing the 84,348 shares at USD12.1 million.

At June 30 Calamos Advisors LLC held 139,538 Boeing shares worth USD19.1 million on that date. At the current price there is an unrealised profit of $4.5 million.

+ Proshare Advisors decreases 25.8% in Boeing [$11.9 million]

Proshare Advisors LLC decreased its net position in Boeing by 83,140 shares (or 25.8%) in Q2/2022.

In SEC filings for Q1/2022, Proshare Advisors LLC (CIK:0001357955) was ranked 82 out of 2035 institutional shareholders of Boeing (NYSE:BA). During the quarter the Volume Weighted Average Price (VWAP) of Boeing was USD143.49, valuing the 83,140 shares at USD11.9 million.

At June 30 Proshare Advisors LLC held 238,748 Boeing shares worth USD32.6 million on that date. At the current price there is an unrealised profit of $7.7 million.

TOP TWO INSTITUTIONAL PURCHASES OF BA IN Q2 REPORTED TODAY

[Figures in brackets show transaction value estimates based on updated close price]

+ Lipe & Dalton surges 4,292.5% in Boeing [$5.2 million]

Lipe & Dalton increased its net position in Boeing by 36,186 shares (or 4,292.5%) in Q2/2022.

In SEC filings for Q1/2022, Lipe & Dalton (CIK:0001570396) was ranked 1841 out of 2035 institutional shareholders of Boeing (NYSE:BA). During the quarter the Volume Weighted Average Price (VWAP) of Boeing was USD143.49, valuing the 36,186 shares at USD5.2 million.

At June 30 Lipe & Dalton held 37,029 Boeing shares worth USD5.1 million on that date. At the current price there is an unrealised profit of $1.2 million.

+ Heritage Investors Management adds 6.9% in Boeing [$815,883]

Heritage Investors Management Corp increased its net position in Boeing by 5,686 shares (or 6.9%) in Q2/2022.

In SEC filings for Q1/2022, Heritage Investors Management Corp (CIK:0000937589) was ranked 199 out of 2035 institutional shareholders of Boeing (NYSE:BA). During the quarter the Volume Weighted Average Price (VWAP) of Boeing was USD143.49, valuing the 5,686 shares at USD815,883.

At June 30 Heritage Investors Management Corp held 88,341 Boeing shares worth USD12.1 million on that date. At the current price there is an unrealised profit of $2.9 million.

Primary Exchange and Other Listings: Trading Currency and Volume

ExchangeTickerCurrencyLastADVTVol % of TotalToday's VI
New YorkBAUSD164.6811,850,84999.50.7
LondonBOEUSD170.0417,1410.41.9
XetraBCOEUR165.2212,5700.11.1
Total100.00

1 USD= 0.9739 EUR

ADVT= Avg. Daily Volume of Trading; VI= Volume Index (1 is avg)

Stock vs Index (Annual Percentage Change)

December 31Share price of The Boeing Companyof S&P 500 Index
2021-6.026.9
2020-33.916.3
20192.728.9
201811.0-6.2
201758.110.9

The Boeing Company has outperformed the S&P 500 Index in 2 of the past 5 years

years: 2018,2017;2 of the past 5 years

INDEX

SECTION 1 THE PAST QUARTER: SEC FILINGS

SECTION 2 THE PAST QUARTER: FINANCIALS, ANALYST RATINGS, ESG

SECTION 3 THE PAST QUARTER: PRESS RELEASES AND CORPORATE WIRE

SECTION 4 THE PAST QUARTER: NEWS AND BUZZ

SECTION 5 INSTITUTIONAL OWNERSHIP AS AT MAR 31, 2022

SECTION 6 TODAY'S BULLISH SIGNALS

SECTION 7 ONGOING BULLISH PARAMETERS

SECTION 8 TODAY'S BEARISH SIGNALS

SECTION 9 ONGOING BEARISH PARAMETERS

SECTION 10 CORPORATE PROFILE AND INDEPENDENT RATINGS

SECTION 11 TOP MANAGEMENT

SECTION 12 BOARD OF DIRECTORS

SECTION 13 INSIDER OWNERSHIP AND BUYING IN THE PAST 12 MONTHS

SECTION 14 PEER COMPARISON & RANKING OF BA

SECTION 15 PATENTS

SECTION 16 STOCK IDENTIFIERS

GLOSSARY

DATA & ARCHIVE DOWNLOAD CENTER

BA: EXCEL TABLES ARE AVAILABLE TO EXPORT DATA:

+ PRICE VOLUME - 5-YEAR HISTORY

+ FINANCIALS - 10-YEAR HISTORY:

+ INSTITUTIONAL SHAREHOLDERS - CATEGORISED AND COMPLETE LIST OF 1740 INSTITUTIONS AS AT Mar 31, 2022:

+ PEER COMPARISON - STOCK IN AEROSPACE SECTOR AND STOCK IN INDICES

+ PATENTS - CATEGORISED LIST OF 5-YEAR HISTORY OF 6748 [INCLUDING 9 IN CURRENT WEEK]:

BA: LINKS IN HTML TO FURTHER INFORMATION:

+ NEWS ARCHIVES - BA PAST 4 YEARS IN HTML:

+ STOCK BUZZ IN HTML

+ PRICE VOLUME CHARTS IN HTML

+ INSIDER OWNERSHIP AND BUYING IN THE PAST 10 YEARS

+ BOARD OF DIRECTORS

SECTION 1 THE PAST QUARTER: SEC FILINGS

1.1 SEC Form 4 Filings: Insider Options Awarded

Wed Jul 06, 2022

Boeing director Ronald A. Williams awarded Phantom Stock Units

Wednesday July 06, 2022Boeing (NYSE:BA) Director Ronald A. Williams, has been awarded Phantom Stock Units on 640 shares. The transaction date was July 01. The shares last traded at $136.31.

Wed Jul 06, 2022

Boeing director Steven M. Mollenkopf awarded Phantom Stock Units

Wednesday July 06, 2022Boeing (NYSE:BA) Independent Director Steven M. Mollenkopf, has been awarded Phantom Stock Units on 604 shares. The transaction date was July 01. The shares last traded at $136.31.

Wed Jul 06, 2022

Boeing director David L. Joyce awarded Phantom Stock Units

Wednesday July 06, 2022Boeing (NYSE:BA) Director David L. Joyce, has been awarded Phantom Stock Units on 694 shares. The transaction date was July 01. The shares last traded at $136.31.

Wed Jul 06, 2022

Boeing director Akhil Johri awarded Phantom Stock Units

Wednesday July 06, 2022Boeing (NYSE:BA) Director Akhil Johri, has been awarded Phantom Stock Units on 649 shares. The transaction date was July 01. The shares last traded at $136.31.

Wed Jul 06, 2022

Boeing director Lynne M. Doughtie awarded Phantom Stock Units

Wednesday July 06, 2022Boeing (NYSE:BA) Independent Director Lynne M. Doughtie, has been awarded Phantom Stock Units on 361 shares. The transaction date was July 01. The shares last traded at $136.31.

Wed Jul 06, 2022

Boeing director Stayce D. Harris awarded Phantom Stock Units

Wednesday July 06, 2022Boeing (NYSE:BA) Director Stayce D. Harris, has been awarded Phantom Stock Units on 604 shares. The transaction date was July 01. The shares last traded at $136.31.

Wed Jul 06, 2022

Boeing director John M. Richardson awarded Phantom Stock Units

Wednesday July 06, 2022Boeing (NYSE:BA) Independent Director John M. Richardson, has been awarded Phantom Stock Units on 361 shares. The transaction date was July 01. The shares last traded at $136.31.

Wed Jul 06, 2022

Boeing director Lynn Good awarded Phantom Stock Units

Wednesday July 06, 2022Boeing (NYSE:BA) Director Lynn Good, has been awarded Phantom Stock Units on 640 shares. The transaction date was July 01. The shares last traded at $136.31.

Wed Jul 06, 2022

Boeing director Robert A. Bradway awarded Phantom Stock Units

Wednesday July 06, 2022Boeing (NYSE:BA) Independent Director Robert A. Bradway, has been awarded Phantom Stock Units on 640 shares. The transaction date was July 01. The shares last traded at $136.31.

SECTION 2 THE PAST QUARTER: FINANCIALS, ANALYST RATINGS, ESG

2.1 BA Financials Summary: EPS improved to -$7.15 in FY2021 [ y.e. 31 Dec 2021]

+ Net Loss improved from $11.9 billion in FY2020 to $4.2 billion in FY2021.

+ Earnings Per Share (EPS) improved from -$20.88 in FY2020 to -$7.15 in FY2021.

Year ended DecFY2021FY2020FY2019
Sales ($ B)62.358.276.6
Pretax ($ B)(5)(14.5)(2.3)
Net ($)(4.2B)(11.9B)(636M)
EPS ($)(7.15)(20.88)(1.12)

2.2 Analyst Recommendations: Past Quarter

2022BrokerageCurrent RatingPrev TargetPrice Target
Jul 15Bank of AmericaNeutral150170
Jul 15BenchmarkBuy250200
Jul 14Royal Bank of CanadaOutperform220200
Jul 13JPMorgan Chase & Co.Overweight190188
Jul 07Robert W. BairdOutperform-245

2.3 July 05: Boeing, ESG and Lufthansa Technik Expand Partnership to Support German P-8A Poseidon Fleet

BERLIN, July 5, 2022 - Boeing [NYSE: BA], ESG Elektroniksystem- und Logistik-GmbH and Lufthansa Technik today signed a three-party agreement that reinforces joint efforts to support Germany's new P-8A Poseidon fleet. With the new agreement, Boeing, ESG and Lufthansa Technik will be the team responsible for executing the P-8A sustainment program in Germany.

"We are expanding our partnership with ESG and Lufthansa Technik in the form of a three-party agreement that will allow us to best support our German customer and the operational needs of the German Navy", said Indra Duivenvoorde, Senior Director, Boeing Government Services Europe & Israel. "This partnership demonstrates our commitment to directly supporting our customer locally with German industry primes."

The new agreement builds on two separate Memoranda of Understanding that were signed separately with ESG and Lufthansa Technik in 2021 and now involves all three parties, outlining additional detail regarding each company's role in the German P-8A program.

"This agreement underlines our joint performance promise and our commitment to provide the Bundeswehr with urgently needed capabilities", said Christoph Otten, CEO ESG. "At the same time, we see this as a special obligation to proactively contribute our capabilities and competencies to the programme as a long-standing technology and innovation partner of the German Armed Forces and the Naval Aviation Command, particularly in the areas of systems integration, aviation certification or secure communication."

Source: Company Website

June 29: Boeing Releases 2022 Sustainability Report, Maps Sustainable Aerospace Progress

Boeing [NYSE: BA] today released its annual Sustainability Report, which further defines the company's sustainability goals and includes key metrics to measure progress of core enterprise priorities. This includes employee safety and well-being; global aerospace safety; equity, diversity and inclusion; sustainable operations; innovation and clean technologies; and community engagement.

In addition, the report highlights the company's 2021 sustainability achievements, its sustainable vision for the future of flight, and environmental, social and governance (ESG) efforts in alignment with global sustainability standards.

"We are honored to release our second sustainability report that builds on Boeing's family of reports already released this year and shares how our collective ESG efforts are contributing to our business and world," said Chief Sustainability Officer Chris Raymond. "The report is an important step in demonstrating our ambition to communicate transparently with all of our stakeholders, and in holding ourselves accountable as we protect, connect and explore our world - safely and sustainably."

Source: Company Website

March 25: Boeing and Airbus Helicopters Sign Strategic H-47 Chinook Partnership to Support Germany's STH Requirements

PHILADELPHIA, March 25, 2022 - Boeing [NYSE: BA] and Airbus Helicopters today signed a Memorandum of Understanding (MOU) to partner on the H-47 Chinook in support of Germany's Schwerer Transporthubschrauber (STH) heavy-lift helicopter requirements.

"We are pleased that Airbus Helicopters has joined our team of strategic partners on the H-47 Chinook program for Germany, and together we will provide the strongest offering to the Bundeswehr," said Mark Cherry, Boeing vice president and general manager, Vertical Lift programs. "The Chinook has been the preferred heavy-lift helicopter in Europe for decades and a cornerstone for a multitude of NATO operations. It is the only heavy-lift helicopter capable of providing Germany immediate interoperability with allied nations and is significantly more powerful, versatile and agile than any other aircraft in its class."

The new partnership between Boeing and Airbus aims at bolstering German defense readiness while supporting German industry and economic growth. The partnership will draw on the strengths and combined expertise of the world's leading aerospace companies to deliver advanced capability, readiness and innovative solutions as part of the German Chinook industry offering.

"Building on decades of experience as a partner of the Bundeswehr, Airbus Helicopters is excited to join Boeing's Chinook Germany industry team and to partner with Boeing on delivering maximum operational availability to the Bundeswehr," said Wolfgang Schoder, general manager of Airbus Helicopters in Germany. "The H-47 Chinook is a proven, mature program in service with many of our allies, and is the optimum solution for Germany with an excellent price-performance ratio."

The partnership agreement builds on the existing Chinook partnership team consisting of AERO-Bildung GmbH, CAE GmbH, ESG Elektroniksystem- und Logistik-GmbH, Lufthansa Technik AG, Honeywell Aerospace and Rolls-Royce Deutschland Ltd.

March 25: Boeing and Airbus Helicopters Sign Strategic H-47 Chinook Partnership to Support Germany's STH Requirements

Partnership aimed at enhancing German defense readiness while serving the country's security needs for decades to come

German H-47 Chinook industry team will deliver maximum operational availability and lowest costs over the entire lifecycle of a potential German H-47 fleet

PHILADELPHIA, March 25, 2022 - Boeing [NYSE: BA] and Airbus Helicopters today signed a Memorandum of Understanding (MOU) to partner on the H-47 Chinook in support of Germany's Schwerer Transporthubschrauber (STH) heavy-lift helicopter requirements.

"We are pleased that Airbus Helicopters has joined our team of strategic partners on the H-47 Chinook program for Germany, and together we will provide the strongest offering to the Bundeswehr," said Mark Cherry, Boeing vice president and general manager, Vertical Lift programs. "The Chinook has been the preferred heavy-lift helicopter in Europe for decades and a cornerstone for a multitude of NATO operations. It is the only heavy-lift helicopter capable of providing Germany immediate interoperability with allied nations and is significantly more powerful, versatile and agile than any other aircraft in its class."

The new partnership between Boeing and Airbus aims at bolstering German defense readiness while supporting German industry and economic growth. The partnership will draw on the strengths and combined expertise of the world's leading aerospace companies to deliver advanced capability, readiness and innovative solutions as part of the German Chinook industry offering.

"Building on decades of experience as a partner of the Bundeswehr, Airbus Helicopters is excited to join Boeing's Chinook Germany industry team and to partner with Boeing on delivering maximum operational availability to the Bundeswehr," said Wolfgang Schoder, general manager of Airbus Helicopters in Germany.

January 31: Boeing: Risk Factors

Risk Factors An investment in our common stock or debt securities involves risks and uncertainties and our actual results and future trends may differ materially from our past or projected future performance. We urge investors to consider carefully the risk factors described below in evaluating the information contained in this report.

Risks Related to COVID-19

We face significant risks related to the spread of the COVID-19 virus and developments surrounding the global pandemic have had, and will continue to have, significant effects on our business, financial condition, results of operations and cash flows. We also face significant risks related to the global economic downturn and severe reduction in commercial air traffic caused by the pandemic. These risks include materially reduced demand for our products and services, increased instability in our operations and in our supply chain and challenges to the ongoing viability of some of our customers. In addition, future vaccination mandates or other government requirements may further disrupt our operations and those of our customers and suppliers. We may face similar risks in connection with any future public health crises, including resurgences in the spread of COVID-19.

The COVID-19 pandemic has subjected our business, operations, financial performance, cash flows and financial condition to a number of risks, including, but not limited to those discussed below.

Operations-related risks: As a result of the COVID-19 pandemic, we are facing increased operational challenges from the need to protect employee health and safety. These challenges have included, and may in the future include, production site shutdowns, workplace disruptions and restrictions on the movement of people, social distancing guidelines, increased employee absenteeism due to illness and/or quarantine/contact tracing requirements, as well as reduced availability of raw materials and goods, both at our own facilities and those of our customers and suppliers.

During the second quarter of 2020, we temporarily suspended operations in Puget Sound, South Carolina, and Philadelphia, as well as at several other key production sites.

SECTION 3 THE PAST QUARTER: PRESS RELEASES AND CORPORATE WIRE

June 30: Quarterly Activities Report: Boeing Cash Balance increases 25%

As per a report dated June 30, 2022 the Cash Burn of operating activities was $3,135,000,000 for the six months ended June 30, 2022. This corresponds to an average Cash Burn Rate of $522,500,000 per month. To support this Cash Burn Rate, the cash balance of $10,090,000,000 as at June 30, 2022 should be adequate till January 30, 2024. The cash runway defined by the length of time to run out of money if it kept spending at its current rate of cash burn is 1 year, 6 months and 1 day from today's date.

Quarter ended 30 Jun 2022$US
Cash and cash equivalents at beginning of period8.1 billion
Net cash from / (used in) operating activities(3.1 billion)
Net cash from investing activities6.2 billion
Net cash from financing activities(998 million)
Effect of movement in exchange rates on cash held(71 million)
Cash raised (used) during quarter2 billion
Cash and cash equivalents at end of period10.1 billion

June 07: Boeing-NATO PROJECT X Challenge Spurs Innovative Ideas for Future Autonomous Capabilities

VALKENBURG, June 6, 2022 - The joint Boeing - NATO PROJECT X innovation challenge has generated new ideas for autonomous systems to reach inaccessible locations and improve situation awareness. This three-month-long intense rapid-prototyping competition allowed innovators from Dutch universities, including the Technical University of Delft, the opportunity to propose new approaches to supporting the Alliance's most pressing needs.

Robert Weaver, deputy assistant secretary general for Defence Investment at NATO, highlighted the importance of autonomy and its digital enablers in areas such as data and artificial intelligence. "Project X sets a benchmark for new and creative ways to engage academia and industry and help Allies develop and adopt emerging technologies at the speed of relevance," said Weaver.

Source: Company Website

July 06: Boeing to Release Second-Quarter Results on July 27

ARLINGTON, Va., July 6, 2022 /PRNewswire/ -- The Boeing Company [NYSE: BA] will release its financial results for the second quarter of 2022 on Wednesday, July 27.

President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET.

The event will be webcast at: http://event.choruscall.com/mediaframe/webcast.html?webcastid=2HqZzkE4 The event can also be accessed by dialing 1-877-336-4436 within the U.S. and by dialing 234-720-6984 outside of the U.S. The passcode for both is 3750106.

Individuals should check the webcast site prior to the session to ensure their computers can access the audio stream and slide presentation. Instructions for obtaining the required free downloadable software will be posted on the site.

Source: Company Website

June 27: Boeing Announces 2022 Supplier of the Year Award Winners

"Each Boeing Supplier of the Year delivered impressive performance as our entire industry collaborated to drive stability through a challenging environment," said William Ampofo, vice president of Parts & Distribution Services and Supply Chain for Boeing Global Services and Chair of Boeing's Supply Chain Operations Council. "They did an outstanding job maintaining our high standards - a focus on operational excellence, quality and reliability - that allow Boeing to continue to earn the trust of our stakeholders, customers and the flying public."

Source: Company Website

June 20: Boeing Reaffirms Commitment to HBCUs with $8 Million Investment Through Thurgood Marshall College Fund

"We are thrilled to continue our ground-breaking partnership with Boeing," said Dr. Harry Williams, president & CEO of the Thurgood Marshall College Fund (TMCF). "The Boeing l TMCF HBCU investment represents what we deem as best practice for companies who are committed to DEI. Through this partnership, Boeing has made a deep and long-term commitment to HBCUs and the talented students that attend them. We're excited about the continued success of the collaboration."

Source: Company Website

June 16: New Boeing ecoDemonstrator Program Testing 30 Sustainable Technologies on a 777-200ER

SEATTLE, June 16, 2022 /PRNewswire/ -- Boeing [NYSE: BA] unveiled its 2022 ecoDemonstrator today with a livery that honors a decade of testing to reduce fuel use, emissions and noise. The latest ecoDemonstrator, a Boeing-owned 777-200ER, will test about 30 new technologies aimed at improving sustainability and safety for the aerospace industry, including a water conservation system and technologies to improve operational efficiency.

"Boeing is committed to support our customers and enable the commercial aviation industry to meet our shared commitment to net zero carbon emissions by 2050," said Stan Deal, Boeing Commercial Airplanes president and CEO. "The ecoDemonstrator program's rigorous testing of new technologies further enhances the environmental performance of our products and services and is invaluable to continuously improving safety."

Source: Company Website

June 15: Boeing to Highlight Partnerships, Sustainability, and its Growing Presence in Germany at ILA Berlin Airshow 2022

BERLIN, June 14, 2022 -- At ILA Berlin Airshow, Boeing [NYSE: BA] will highlight its industry-leading portfolio of commercial, defense and support services and showcase advanced systems and capabilities with a focus on sustainable aerospace. Boeing's presence at the show will include its commercial airliners, along with advanced defense capabilities such as heavy-lift helicopter, maritime patrol aircraft, advanced fighters and trainers, and autonomous systems.

"We welcome the opportunity to engage with the global aerospace community at the show after a two year pause," said Michael Haidinger, president of Boeing Germany, Central & Eastern Europe and the Nordics. "We will highlight our strengths in innovation and sustainability, our established and growing presence in Germany, new strategic partnerships with German industry, and our growing family of products that will soon be in operation by the German armed forces and airline customers."

Boeing's exhibit will highlight the 777X, 737 MAX and 777-8F, in addition to the EA-18G Growler, T-7A Advanced Pilot Training System, the Boeing Airpower Teaming System and Germany's future maritime patrol aircraft, the P-8A Poseidon. The CH-47 Chinook, which was recently selected by the German Government for its STH Heavy-Lift Helicopter program, will additionally be highlighted at the show.

During the show, a Royal Air Force CH-47 Chinook will perform daily flight displays. The U.S. Department of Defense is expected to display several Boeing platforms, including the AH-64 Apache attack helicopter, CH-47 Chinook heavy-lift helicopter, P-8A Poseidon maritime patrol aircraft, C-17 Globemaster III military transport aircraft, and F-15 fighter jet.

Source: Company Website

June 14: Boeing Announces Partnership with Commonwealth of Virginia, Virginia Tech Establishing Veteran Transition & Military Families Center

"Boeing has a long, proud history of supporting veterans and their families during and after their service. We're also a leading employer of service members, with veterans representing more than 15% of our workforce. So we're honored to join Virginia and Virginia Tech to build on Boeing's commitment to veterans with this Center for Veteran Transition & Military Families," said Boeing President and CEO Dave Calhoun. "This initiative will unlock new career opportunities for veterans and their families and help develop leading technical talent while affirming our continued investment in Northern Virginia."

Source: Company Website

June 14: Boeing to Highlight Partnerships, Sustainability, and its Growing Presence in Germany at ILA Berlin Airshow 2022

BERLIN, June 14, 2022 -- At ILA Berlin Airshow, Boeing [NYSE: BA] will highlight its industry-leading portfolio of commercial, defense and support services and showcase advanced systems and capabilities with a focus on sustainable aerospace. Boeing's presence at the show will include its commercial airliners, along with advanced defense capabilities such as heavy-lift helicopter, maritime patrol aircraft, advanced fighters and trainers, and autonomous systems.

"We welcome the opportunity to engage with the global aerospace community at the show after a two year pause," said Michael Haidinger, president of Boeing Germany, Central & Eastern Europe and the Nordics. "We will highlight our strengths in innovation and sustainability, our established and growing presence in Germany, new strategic partnerships with German industry, and our growing family of products that will soon be in operation by the German armed forces and airline customers."

Boeing's exhibit will highlight the 777X, 737 MAX and 777-8F, in addition to the EA-18G Growler, T-7A Advanced Pilot Training System, the Boeing Airpower Teaming System and Germany's future maritime patrol aircraft, the P-8A Poseidon. The CH-47 Chinook, which was recently selected by the German Government for its STH Heavy-Lift Helicopter program, will additionally be highlighted at the show.

During the show, a Royal Air Force CH-47 Chinook will perform daily flight displays. The U.S. Department of Defense is expected to display several Boeing platforms, including the AH-64 Apache attack helicopter, CH-47 Chinook heavy-lift helicopter, P-8A Poseidon maritime patrol aircraft, C-17 Globemaster III military transport aircraft, and F-15 fighter jet.

Source: Company Website

June 13: Boeing Announces Partnership with Commonwealth of Virginia, Virginia Tech Establishing Veteran Transition & Military Families Center

ARLINGTON, Va., June 13, 2022- Boeing [NYSE: BA] announced today a new partnership with the Commonwealth of Virginia and Virginia Tech to establish The Boeing Center for Veteran Transition & Military Families, a new hub for veterans and their families. The Center, to be located at Virginia Tech's Innovation Campus in Alexandria, Va., will provide career resources and advance employment opportunities for veterans in one of the nation's most rapidly developing tech corridors, as well as support for military families during the transition to civilian life.

"Boeing has a long, proud history of supporting veterans and their families during and after their service. We're also a leading employer of service members, with veterans representing more than 15% of our workforce. So we're honored to join Virginia and Virginia Tech to build on Boeing's commitment to veterans with this Center for Veteran Transition & Military Families," said Boeing President and CEO Dave Calhoun. "This initiative will unlock new career opportunities for veterans and their families and help develop leading technical talent while affirming our continued investment in Northern Virginia."

Boeing and Virginia Tech's partnership dates back 70 years - highlighted by the company's recent $50 million investment to become the first foundational partner of the Innovation Campus.

Source: Company Website

June 09: Boeing CSO Raymond to Speak at Jefferies A&D ESG Summit June 14

Visit https://wsw.com/webcast/jeff232/ba/1510134 to access a link to the live broadcast of the conference. Individuals should check the website prior to the session to ensure access to the audio stream.

Source: Company Website

June 01: Boeing Statement on Germany's STH Heavy-Lift Helicopter Program

BERLIN, June 1, 2022 - The German Government today announced that Boeing's [NYSE: BA] CH-47F Chinook has been selected for its heavy-lift helicopter requirements (STH) for the German Bundeswehr.

"Boeing is honored the German government has selected the CH-47F Chinook for its STH heavy-lift helicopter requirements. With the Chinook, Germany will operate the most affordable, proven and NATO interoperable heavy-lift helicopter. We look forward to working with the U.S. and German governments to finalize this sale under the Foreign Military Sales process. Together with our Chinook Deutschland Team --- AERO-Bildung, Airbus Helicopters, CAE, ESG, Honeywell, Lufthansa Technik and Rolls-Royce Deutschland --- we are committed to delivering maximum operational availability to the German Bundeswehr for decades to come."

Source: Company Website

June 01: Boeing Teams with Canadian Industry to Offer P-8A Poseidon

OTTAWA, Ontario, June 1, 2022 - Boeing [NYSE: BA] and several Canadian industry partners announced today their intent to collaborate to provide the capability and sustainability of the proven P-8A Poseidon for the Canadian Multi-Mission Aircraft (CMMA) requirement.

Team Poseidon, consisting of CAE, GE Aviation Canada, IMP Aerospace & Defence, KF Aerospace, Honeywell Aerospace Canada and Raytheon Canada, forms the cornerstone of a Canadian P-8 industrial footprint. The team builds on 81 Canadian suppliers to the platform and to more than 550 Canadian suppliers across all provinces contributing to Boeing's annual CAD $5.3 billion in economic benefit to Canada, supporting more than 20,000 Canadian jobs.

The Boeing P-8A is a proven military off-the-shelf solution with nearly 150 aircraft delivered to five nations to date. The P-8 will improve Canada's capability to defend its northern and maritime borders while ensuring interoperability with NORAD and NATO allies. As a leading platform for reducing the environmental impact of military aircraft, the P-8 can operate on a 50% blend of sustainable aviation fuel today with aspirations to move toward 100% with investment in new technology.

"As a dedicated partner of Canadian industry for more than a century, Boeing is proud to bring together a world-class team of companies in support of our P-8 offering to Canada," said Heidi Grant, president, Business Development, Boeing Defense, Space & Security and Government Services. "Together, we will bolster Canada's aerospace and defense industry through a 100% Industrial and Technical Benefits commitment if awarded the CMMA contract."

The P-8A Poseidon offers advanced anti-submarine warfare, anti-surface warfare, intelligence, surveillance and reconnaissance, and search and rescue capability, and is the only in-service, in-production multi-mission aircraft that meets all CMMA requirements.

May 25: Boeing Starts New A-10 Wing Deliveries to U.S. Air Force

OGDEN, Utah, May 25, 2022 - Boeing [NYSE: BA], in partnership with Korean Aerospace Industries and other key suppliers, has delivered the first new wing set for the A-10 Thunderbolt II fleet to the U.S. Air Force. The wing set arrived earlier this month to Hill Air Force Base in Ogden, Utah, where the Air Force has started aircraft integration.

"Boeing is working diligently to deliver greatly needed new wings for the A-10 fleet," said Lt. Col. Jaclyn Melton, materiel leader for A-10 Programs in the A-10 System Program Office at Hill Air Force Base.

Boeing was awarded the contract in August 2019 and is currently working to provide the Air Force with 50 wing sets. Each wing set consists of outer wing assemblies, center wing assembly, control surfaces and the fuselage integration kit. The upgraded wings are more durable, efficient, and easier to maintain, extending A-10 flying life to 10,000 hours.

"The A-10 serves a critical role for the Air Force and Boeing is proud to extend our legacy of supporting the Thunderbolt and its mission," said Dan Gillian, vice president of U.S. Government Services for Boeing Global Services. "In partnership with the Air Force and our established supply base, we have started full rate production and are actively supporting the customer's installation schedule."

The A-10 wing program was previously a dry line, with tools and equipment housed in long-term storage. Boeing Global Services revived the tooling and activated the supply base within 12 months of contract award. The company's previous experience with the A-10 includes delivering 173 enhanced A-10 wing assemblies under a separate contract.

Source: Company Website

May 25: Boeing, NASA Complete First Starliner Space Station Flight Test

WHITE SANDS, NEW MEXICO, May 25, 2022 - Boeing's [NYSE: BA] CST-100 Starliner spacecraft landed at the U.S. Army's White Sands Missile Range in New Mexico at 5:49 p.m. Central Time. The safe return to Earth brings a close to the successful end-to-end uncrewed orbital flight test that was flown to demonstrate the quality and performance of the transportation system prior to crewed flights.

"We have had an excellent flight test of a complex system that we expected to learn from along the way and we have," said Mark Nappi, vice president and program manager, Boeing Commercial Crew Program. "Thank you to the NASA and Boeing teammates who have put so much of themselves into Starliner."

The flight test completed today began May 19 with a launch from Florida's Cape Canaveral Space Force Station atop a United Launch Alliance Atlas V rocket. Capabilities the Starliner demonstrated included:

End-to-end performance of the Atlas V rocket and Starliner spacecraft through launch, ascent, on-orbit, re-entry and landing;

Starliner's autonomous software and the on-orbit operation of its avionics system, docking system, communications/telemetry systems, environmental control systems, solar arrays, electrical power systems, and propulsion systems;

Ability to hold docking attitude, receive commands from the space station crew, and command holds and retreats during final station approach;

Battery charging, hatch open and close, establishing joint ventilation with the station, file transfer and cargo transfer.

When Starliner completes its next flight, Boeing will have fulfilled NASA's goal of having two commercial vehicles to transport astronauts safely, reliably and sustainably to the station from American soil.

"With the completion of OFT-2, we will incorporate lessons learned and continue working to prepare for the crewed flight test and NASA certification," Nappi added.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries.

May 25: Boeing and Ethiopian Airlines Announce Order for Five 777 Freighters

SEATTLE, May 25, 2022 /PRNewswire/ -- Boeing [NYSE:BA] and Ethiopian Airlines today announced the carrier is further expanding its all-Boeing freighter fleet with an order for five 777 Freighters. The order is currently unidentified on Boeing's orders and deliveries website.

"The addition of these five 777 Freighters into our cargo fleet will enable us to meet the growing demand in our cargo operation. While cementing our partnership with Boeing with new orders, the growth of our freighter fleet takes the capacity and efficiency of our shipment service to the next level," said Ethiopian Airlines Group CEO Mr. Mesfin Tasew. "We always strive to serve our customers with the latest technology aircraft the aviation industry could offer. Our cargo terminal is Africa's largest, coupled with fuel-efficient freighters and well-trained cargo handling professionals will enable our customers get the best quality shipment service. Customers can rely on Ethiopian for wide-ranging cargo services across five continents."

Boeing's market-leading 777 Freighter is the world's largest, longest-range and most capable twin-engine freighter flying with 17% lower fuel use and emissions to prior airplanes. Ethiopian Airlines operates a fleet of nine 777 Freighters, utilizing the model's range of 4,970 nautical miles (9,200 km) and maximum structural payload of 107 tonnes (235,900 lb) to connect Africa with 66 dedicated cargo centers throughout Asia, Europe, the Middle East and the Americas.

"Ethiopian Airlines' all-Boeing freighter fleet provides them with unrivalled capability and flexibility as Africa's largest cargo operator," said Ihssane Mounir, Boeing's senior vice president of Commercial Sales and Marketing. "These additional 777 Freighters will enable Ethiopian to capitalize on near-term cargo demand, while positioning the airline for further expansion in the future."

In early March 2022, Boeing and Ethiopian Airlines also announced the signing of a Memorandum of Understanding for the carrier's intent to purchase five 777-8 Freighters, the industry's newest, most capable and most fuel-efficient twin-engine freighter.

May 24: Events Calendar: Boeing President and CEO to Speak at Bernstein Strategic Decisions Conference June 3

CHICAGO, May 23, 2022 /PRNewswire/ -- Boeing [NYSE: BA] President and Chief Executive Officer Dave Calhoun will speak at the Bernstein Strategic Decisions Conference on June 3rd at 8:00 a.m. ET.

Visit https://kvgo.com/bernstein-2022-38th-annual-sdc/boeing-june to access a link to the live broadcast of the conference. Individuals should check the website prior to the session to ensure access to the audio stream.

Contact Investor Relations: 312-544-2140 Communications: media@boeing.com

SOURCE Boeing

Source: Company Website

May 23: Boeings Starliner Spacecraft Completes Successful Docking to Space Station

HOUSTON, May 20, 2022 - Boeing's [NYSE: BA] CST-100 Starliner spacecraft made its first connection to the International Space Station at 7:28 p.m. Central Time (0028 UTC) today to complete a primary goal of the program's Orbital Flight Test-2 (OFT-2). With no astronauts on board, Starliner's autonomous systems and ground controllers in Houston guided the vehicle through a carefully choreographed series of maneuvers to steadily bring the Starliner closer to the orbiting laboratory before docking. Astronauts aboard the space station monitored Starliner throughout the flight and at times commanded the spacecraft to verify control capabilities.

"Today's successful docking of the Starliner is another important step in this rehearsal for sending astronauts into orbit safely and reliably," said Boeing Defense, Space & Security President and CEO Ted Colbert.

Launching atop a human-rated United Launch Alliance Atlas V rocket on May 19, 2022, from Cape Canaveral Space Force Station in Florida, Starliner spent its first hours in space performing a series of system demonstrations allowing mission managers to verify the spacecraft was healthy and able to maneuver safely. After docking, the Starliner recharged its batteries using solar arrays located on the service module.

After astronauts aboard the station declared "Tally-ho, Starliner," the vehicle connected to a Boeing-built docking port on the International Space Station.

"Starliner has proven safe, autonomous rendezvous and docking capability," said Jim Chilton, senior vice president, Boeing Space and Launch. "We're honored to join the fleet of commercial spacecraft capable of conducting transportation services to the space station for NASA."

Equipped with a fully functional life support system, as well as all of the other critical systems to support humans, the spacecraft and mission are designed to give Boeing and NASA enough data to certify the spacecraft for long-duration crewed missions to the International Space Station.

During the Starliner's docked time on orbit, the crew of the station will float inside the spacecraft, conduct an initial cabin tour, and periodically perform system checkouts while ground controllers evaluate data gathered during its flight.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries.

June 17: Cyber Weapons Market is Set to have an Advanced Development by 2028 - FireEye Inc., BAE Systems Plc, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, The Boeing Company, etc

The Cyber Weapons market study extensively offers end-users, products, leading businesses, and regions in the market. Among other things, the Cyber Weapons study includes data on the industry's present status, current and future trends, market position, competitive climate, competitive dynamics, suppliers, providers, risks and opportunities, and distribution networks. The Cyber Weapons market study includes a comprehensive global market momentum analysis. The global Cyber Weapons sector also provides a qualitative evaluation of cutting-edge competitor studies and new company innovations, as well as Cyber Weapons market dynamics, threats, and opportunities, to provide genuine insights and current circumstances for appropriate judgments. The Cyber Weapons report offers recent market trends with past market insights

Request for a sample report here https://www.orbisresearch.com/contacts/request-sample/5603507

Cyber Weapons Market Leading Vendors includes:

BAE Systems Plc FireEye, Inc. Lockheed Martin Corporation Raytheon Company Northrop Grumman Corporation Airbus Group SE The Boeing Company General Dynamics Corporation Cisco Systems, Inc. Thales SA

The global Cyber Weapons market research offers essential insights on key analysts, quantitative and qualitative assessments, first-hand expertise, and input from Cyber Weapons industry leaders and significant suppliers in the demand and supply chain processes. Micro and macroeconomic statistics, parent market movements, governmental points, and business attractiveness are all included in the Cyber Weapons research. A variety of Cyber Weapons market variables have a substantial influence on various consumer groups and areas, which is also investigated.

Furthermore, Cyber Weapons study creates new logistical networks and expands global marketplaces.

June 16: Final Boeing-Saab T-7A Red Hawk Development Jet Comes Together

ST. LOUIS, June 16, 2022 - The final aft, or rear section, of the T-7A Red Hawk trainer aircraft for the United States Air Force arrived at Boeing [NYSE: BA] from teammate Saab in Linkoping, Sweden, signaling the final EMD part delivery.

With both the forward and aft fuselages complete, the two sections were joined together in less than 30 minutes ‒ a fraction of the time it takes for traditional aircraft builds and a testament to the benefits of the T-7A's digital foundation.

In the future, Saab will produce the rear sections at their manufacturing facility in West Lafayette, Indiana. The new facility will allow for shorter shipping times and increased collaboration between Boeing and Saab.

"We're excited to begin building the first trainer jets future Air Force pilots will fly," said Paul Niewald, vice president, Boeing T-7 programs. "Boeing and Saab quality and production teams will be closer, accelerating responsiveness to meet engineering and hardware needs."

"Developed with an engineering approach based on digital models, the T-7A represents a revolutionary approach to developing aircraft," said Jonas Hjelm, head of Saab's Business Aeronautics.

Source: Company Website

3.1 Ranking

Fri Jul 15, 2022

Brett C. Gerry Chief Legal Officer of Boeing in top 1% by Patents issued in past five years

Brett C. Gerry's performance as Chief Legal Officer of Boeing (NYSE:BA) is ranked 5 by US Patents issued in the past five years out of 2,434 NYSE listed companies. This corresponds to a percentile ranking of 99.5. A total of 169,934 US patents were issued to NYSE listed companies in the past five years, an average of 69.8 patents per company. Boeing received 6,309 US Patents in the past 60 months; 90 times average.

3.2 Boeing issued 358 new patents in the past quarter

Boeing (BA) has been issued 358 new patents by the USPTO & EPO.

This corresponds to an average of 119 patents a month, up 2.6% from an average of 116 patents per month in 2021.

To view details, click on link shown in the DATA & ARCHIVE DOWNLOAD CENTER.

SECTION 4 THE PAST QUARTER: NEWS AND BUZZ

4.1 Institutional News [Updated July 29, 2022]

The source data is compiled as an aggregation of SEC filings. So far in this quarter 2,039 institutions have reported their holdings at the end of quarter Q2. The remaining 4,514 institutions are expected to file by day 45 of Q3, the deadline date.

4.1.1 Top 5 Institutions increasing their holdings in Boeing shares [Q2/2022]

Institution Name (CIK)Rank on Mar 31, 2022Mar 31, 2022Jun 30, 2022Increase %*Today's Market Value $ million
Sumitomo Mitsui Trust Holdings (0001475365)221,789,7401,855,3013.7295.6
National Bank of Canada (0000926171)148140,129575,403310.691.7
STRS Ohio (0000820478)109222,370234,3465.437.3
Gateway Investment Advisers (0001114618)118190,879216,35613.334.5
Mirae Asset Global Investments. (0001569395)136159,263184,81416.029.4

*Today's Market Value in $ million of holdings as at June 30, 2022.

4.1.2 Top 5 Institutions decreasing their holdings in Boeing shares [Q2/2022]

Institution Name (CIK)Rank on Mar 31, 2022Mar 31, 2022Jun 30, 2022Decrease %*Today's Market Value $ million
BB&T (0000092230)75404,094402,3630.4364.1
Asset Management One Co. (0001068855)89288,395287,7530.2245.8
Davenport & Co (0000887777)90283,972278,3132.044.3
Cambridge Investment Research Advisors (0001419186)101236,193206,39212.632.9
Arizona State Retirement System (0001558481)141153,201151,9460.8224.2

*Today's Market Value in $ million of holdings as at June 30, 2022.

4.2 Stock Buzz

Source: The Wall Street Journal

Aug/JulHeadline
Mon 01Boeing Stock Jumps as 787 Deliveries Can Resume
Wed 27Boeing Profit Falls
Thu 21Boeing 737 MAX 10 Debuts at Air Show, but May Never Fly Commercially
Tue 19Boeing Sells Five 787 Dreamliners to Aircraft Lessor in Air Show Boost
Mon 18Boeing Goes to the Airshow in London. It's Expecting a Big 20 Years.
Fri 08Boeing Gets Good News. Rolls-Royce Sees Demand For Big Jets Returning.

Source: Other Publishers

AugHeadlinePublisher
Tue 023 companies that could replace Russia on International Space Station: SpaceX, Boeing, NorthrupUSA Today
Tue 02Boeing (NYSE:BA) Given a $200.00 Price Target by Royal Bank of Canada AnalystsETF Daily News
Tue 02Midday Movers: Boeing, Apple, NIO and MoreYAHOO!Finance
Tue 02U.S. FAA issues new safety directive on Boeing 777 airplanesInvesting.com
Tue 02Boeing wins FAA s approval to restart 787 Dreamliner deliveriesThe Business Journals
Mon 01Boeing avoids labor strike at 3 plants; union members to vote on contractUPI.com

Please view more Stock Buzz stories in DATA DOWNLOAD CENTER

SECTION 5 INSTITUTIONAL OWNERSHIP AS AT MAR 31, 2022

Institutional ownership updated after last SEC Filing on May 14

5.1 Top 20 Institutional Ownership of Boeing as at March 31, 2022

As at March 31, 2022, 1567 Institutions held investments in shares of Boeing. Institutions increased their holdings to 55.0% of issued capital, up from 53.8% as at Dec 31. The largest shareholder was Newport Trust Co with 7.4% of Boeing. The second largest shareholder was Vanguard Group Inc. with 7.3%.

*Note: Minimum Core Shareholding is computed on the basis of SEC filings over the last 12 quarters (3 years). A higher % of shareholding above the minimum core holding may be indicative of a potential positioning by an active institution to overweight.

Boeing Top 12 Active Funds (in desc order of Shares) hold 17.1% [last column shows % above minimum core shareholding]. Please download the spreadsheet to view full list of 1064 Active Funds holding 35.9% of Boeing as at March 31, 2022.

InstitutionShares% of TotalValue $% above Core*
Newport Trust Co43,510,2417.48.3 B42.7
FMR LLC15,120,1542.62.9 B448
Loomis Sayles & Co LP12,741,7132.22.4 B1,507,795
Geode Capital Management, LLC8,862,1201.51.7 B31.3
Morgan Stanley6,213,7841.11.2 B49.5
Bank of Montreal, CAN4,953,4610.84948.6 M724
Schwab Charles Investment Management Inc.2,814,4610.48539 M21.8
Swiss National Bank2,418,2220.41463.1 M43.5
JP Morgan Chase & Co1,325,2780.22253.8 M55
AllianceBernstein1,195,5980.2229 M75
Deutsche Bank AG1,136,9170.19217.7 M33.7
Van Eck Associates Corp964,7980.16184.8 M9,214
% Held by Top 12 Institutional shareholders101,256,74717.119.4 B-

Boeing Top 8 Index Funds (in desc order of Shares) hold 15.5% [last column shows % above minimum core shareholding]. Please download the spreadsheet to view full list of 503 Index Funds holding 4.6% of Boeing as at March 31, 2022.

InstitutionShares% of TotalValue $% above Core*
Vanguard Group Inc.43,355,9127.38.3 B7.8
Blackrock Inc.31,674,2875.46.1 B4.7
Northern Trust Corp4,957,8410.84949.4 M2.9
Capital World Investors4,440,0220.75850.3 M[0]
Bank of New York Mellon Corp3,656,9300.62700.3 M[0]
Sumitomo Mitsui Trust Holdings, Inc.1,789,7400.3342.7 M[0]
Dimensional Fund Advisors LP1,110,9870.19212.8 M[0]
New York State Common Retirement Fund985,9480.17188.8 M0.39
% Held by Top 8 Institutional shareholders91,971,66715.517.6 B-

5.2 Institutional ownership of BA at Mar 31: Aaron Wealth Advisors top increase of 1,471%

As at March 31, 2022, 633 institutions or 36.4% of BA's institutional shareholders had increased their holding of shares in Boeing from December 31. The top increase was by Aaron Wealth Advisors which increased its holding by 71,723 shares, or 1,470.6% to 76,600 shares.

Top 10 Increases [March 31, 2022 vs December 31, 2021]

Value is shown in the table below at March 31 BA share price of $191.50.

Institution (CIK)SharesValue, $% increase
Aaron Wealth Advisors LLC (0001812198)71,72314.3 M1,470.6
Lloyd Advisory Services, LLC. (0001802474)14228,3711,092.3
Healthcare of Ontario Pension Plan Trust Fund (0001535845)777155,2391,064.4
Solstein Capital, LLC (0001730769)36071,926878.0
Mizuho Securities Co. Ltd. (0001520309)2,630525,456842.9
Capital Fund Management S.A. (0001323645)173,72334.7 M790.1
Simplex Trading, LLC (0001488542)59,14811.8 M725.7
Global Trust Asset Management, LLC (0001729672)1,100219,773654.8
Tompkins Financial Corp (0001005817)694138,657593.2
Hexagon Capital Partners LLC (0001831542)5,8801.2 M516.2
Total316,17763.2 million-

5.3 Institutional ownership of BA at Mar 31: Verition Fund Management top decrease of 100%

613 Institutional shareholders decreased their holdings in Q1/2022. The top decrease was Verition Fund Management who reduced their shareholding in Boeing by 3 million shares (99.5%) from 3 million as at December 31 to 15,421 as at March 31.

Top 10 Decreases [March 31, 2022 vs December 31, 2021]

Value is shown in the table below at March 31 BA share price of $191.50.

Institution (CIK)SharesValue, $% decrease
Verition Fund Management LLC (0001454027)3,029,972(605.4 M)99.5
Burleson & Company, LLC (0001733510)109,029(21.8 M)99.4
Eagle Bay Advisors LLC (0001862864)805(160,834)98.7
Avalon Advisors, LLC (0001221362)87,870(17.6 M)97.2
RWQ Financial Management Services, Inc. (0001846544)24,500(4.9 M)95.4
Amussen Hunsaker & Associates LLC (0001131181)28,994(5.8 M)92.3
PineBridge Investments, LP (0001531721)17,880(3.6 M)89.2
J. L. Bainbridge & Co., Inc. (0001742315)22,572(4.5 M)88.8
Ariel Capital Advisors, LLC (0001631738)306(61,137)88.4
Mizuho Markets Cayman LP (0001803149)7,760(1.6 M)87.9
Total3,329,688(665.2 million)-

5.4 Institutional ownership of BA at Mar 31: Rheos Capital Works top new shareholder

An analysis conducted after the mid - quarter deadline of May 14 for Q1 SEC filings by 6516 institutions shows that there were 25 new institutional shareholders. Rheos Capital Works (1735445) was the largest new shareholder with 120,000 shares valued at $23 million as at March 31.

Top 10 New shareholders as at March 31, 2022

Value is shown at price of March 31, 2022 (in desc order of Shares)

Institution (CIK)SharesValue, $
Rheos Capital Works Inc. (0001735445)120,00023 M
STANSBERRY ASSET MANAGEMENT, LLC (0001725910)19,6563.8 M
Privium Fund Management (UK) Ltd (0001845773)3,300631,950
Ridgewood Investments LLC (0001703556)2,496477,984
LMCG Investments, LLC. (0001470944)2,103402,724
Private Management Group Inc. (0001142031)1,834351,211
Citadel Investment Advisory, Inc. (0001811907)1,600306,400
Ethic Inc. (0001780570)1,342256,993
Fairhaven Wealth Management, LLC (0001767056)1,168223,672
Charles Schwab Investment Advisory, Inc. (0001501902)1,138217,927
Total154,63729.6 million

5.5 Top 10 Exits in Q1/2022 (in desc order of shares)

Institution (CIK)SharesValue, $
Rovida Advisors Inc. (0001653857)357,77472 M
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (0001545545)220,00044.3 M
HHR Asset Management, LLC (0001397545)176,52335.5 M
Amalgamated Bank (0000919192)146,84029.6 M
Migdal Insurance & Financial Holdings Ltd. (0001415912)140,50028.3 M
Australian Super Pty Ltd (0001694164)100,00020.1 M
Ursa Fund Management, LLC (0001693838)100,00020.1 M
Voloridge Investment Management, LLC (0001556921)93,01118.7 M
Two Sigma Investments LLC (0001179392)85,28417.2 M
Capitolis Advisors LLC (0001858879)74,32215 M
Total1,494,254300.8 million

SECTION 6 TODAY'S BULLISH SIGNALS

6.1 PAST WEEK: MODERATE MOMENTUM UP - BA adds 5.6% on volume 1.1 times average

The price ranged between a low of $156.09 on Wednesday Jul 27 and a high of $169.07 on Monday Aug 01.

DateBoeingClose [$]Change %RPC % *Comment
Wed Jul 27Top gainer in Coho Partners climbs 14.0% in 28 days156.090.1-2.5VI*=1.6
Thu Jul 28Top gainer in Benchmark Wealth Management climbs 14.2% in 29 days159.091.90.7Price rise on beating relative strength
Fri Jul 29Top gainer in Coho Partners jumps 16.4% in 30 days159.310.1-1.3Price rise on beating relative strength
Mon Aug 01Top gainer in Mizuho Securities USA jumps 16.5% in 33 days, hits 97-day high169.076.16.4Week-high of 169.07; Top Rise; VI*=1.8
Tue Aug 02Top gainer in Coho Partners jumps 23.7% in 34 days164.68-2.6-1.9Steepest Fall

* RPC - Relative Price Change is % price change of stock less % change of the S&P 500 Index.

[Volume Index (VI); 1 is average]

6.2 Rank in the top 9% by Price Performance in the NYSE market

DescriptionValueRank
Price/MAP501.17In Top 6%
1-month Price Change %19.6In Top 9%

6.3 Uptrend

Beta > 1 combined with price rise. The Beta of the stock is 1.0.

Exponential Moving Average Price of 1.1 and positive MACD:

- The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 158.04 minus the 26-day EMA of 151.56 is positive, suggesting a bullish signal. Both the 12-day EMA as well as the 26-day EMA are rising, another bullish signal.

- The price to 50-day EMAP ratio is 1.1, a bullish indicator. The 50-day EMAP has increased to $149.0. An increase is another bullish indicator.

Past Month:

- Boeing stock was the seventeenth highest performer in the S&P 500 Index.

Past Quarter:

The Best 3 weeks in the past quarter

In the past quarter the week beginning Monday May 23 saw the highest weekly rise of 9.6% for a relative price increase of 3%.

Mon-FriChange %S&P 500 Index Change %RPC %Vol Ind [1 is avg]
May 23-279.66.630.8
Jun 13-177.7-5.813.51.8
Jul 18-227.12.64.51

6.4 Undervaluation

MCap/Total Assets:

- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.7. Compared with the rest of the market the stock is undervalued.

Brand Value/Enterprise Value:

- Brandirectory have estimated Boeing brand value at $9.2 billion. The Brand Value represents 5.9% of the estimated Enterprise Value of $156 billion. Enterprise Value is defined as MCap of $97.8 billion plus net debt of $58.3 billion.

SECTION 7 ONGOING BULLISH PARAMETERS

7.1 Rank in the top 12% by Size in the NYSE market

DescriptionValueRank
Ave daily Turnover$1.4 billionIn Top 1%
Annual Revenue$62.3 billionIn Top 4%
MCap$98 billionIn Top 12%

7.2 Present Value of $1000 Invested in the Past 3 Months; The Best Period with PV$1000 > 1,107

PV$1,0003 mo ago
BA.NYSE$1,108
Aerospace sector$1,019
S&P 500 Index$988

7.3 Past quarter: price rise of 10.8%

3-Month price change of 10.8% for Boeing outperformed the change of -4.9% in the S&P 500 Index for a relative price change of 15.7%.

Price Change %Quarter
Boeing10.8
Aerospace sector1.9
S&P 500 Index-4.9

7.4 Buybacks and 5-Years Decrease of 7.5% in Total Shares on Issue

In the past 5 years total shares on issue have decreased by 47.5 million (7.5%) from 635.5 million to 588 million. Buybacks have averaged 11.6 million shares [1.8%] per financial year. Based on a dynamic start date of 5 years ago, there have been declines in issued capital in 3 out of 5 years. A reduction in total shares on issue is a favourable indicator in Joseph Piotroski's 9 indicators.

Year End (Dec 31)Total Shares on IssueFYBuybacksBuyback %
2021588,000,0002021--
2020569,000,0002020--
2019566,000,000201913,200,0002.3%
2018579,200,000201823,300,0003.9%
2017602,500,000201733,000,0005.2%
2016635,500,0002016--
Total69,500,000
Average per FY11,583,333

7.5 Created Market Value [CMV] past 14 yrs of $39.5 billion

- Market Capitalization has increased by $52.5 billion from $45.3 billion to $97.8 billion in the last 14 years. This increase comprises cumulative retained earnings (RETE) of $13 billion and Created Market Value of $39.5 billion. The Created Market Value multiple, defined by the change in MCap for every $1 of retained earnings is exemplary at $4.03.

7.6 Annualised Period-based Total Shareholder Returns [TSR %]: The Best Periods with TSR > 8.5%

TSR %10 yrs20 yrs30 yrs
BA.NYSE11.29.48.6

7.7 A 96.6% Decrease in Insider Selling

In the past 5 years a total of 164,540 Boeing shares worth $56.2 million were sold by insiders. Based on a dynamic start date of 5 years ago, insider selling has averaged 32,908 shares per year. In the past year, insiders sold 990 shares, a decrease of 96.6% from the previous year.

YearNo. of SharesValue, $
Aug 02, 2022990219,651
1 Yr ago28,7375,848,075
3 Yrs ago78,88731,276,158
4 Yrs ago55,92618,863,972
Total164,54056,207,856

7.8 Increased Volume, up 141% in 5 years

In the past five years, Average Daily Volume of Trading (ADVT) has increased 141.3% to 10.1 million shares.

Avg. Daily Volume Traded 12 months ended Aug 02, million shares

YearADVT
202210.1
202118.1
202020.7
20195.0
20184.2

7.9 Increased share turnover, up 44% in 5 years

In the past five years, average daily share turnover has increased 43.7% to $1.8 billion. This suggests increased liquidity.

Past five years, 12 months ended Aug 02 (USD billion)

YearAverage Daily Turnover
20221.8
20213.8
20204.0
20191.8
20181.3

7.10 - Revenue growth rate has shown signs of recovery in recent years. [compared with previous year, all figures in %]

FYRevenue Growth
20217
2020-24
2019-24

SECTION 8 TODAY'S BEARISH SIGNALS

8.1 Rank in the bottom 19% by Price Performance in the NYSE market

DescriptionValueRank
PV1000 [1 yr] $731In Bottom 19%
Rel Strength 6 mo17In Bottom 16%

8.2 Downtrend

Price/Moving Average Price of 0.91:

- The Price/MAP 200 for Boeing is 0.91. Being less than 1 is a bearish indicator. It is lower than the Price/MAP 200 for the S&P 500 Index of 0.94, a second bearish indicator. The stock is trading below both its MAPs and the 50-day MAP of $140.59 is lower than the 200-day MAP of $181.01, a third bearish indicator.

Past Quarter:

- In the last three months the stock has hit a new 52-week low eight times, pointing to a significant downtrend.

Trailing Relative Strength (6 months) at 17 percentile:

- The stock has a 6-month relative strength of 17 in the NYSE market of 2,082 stocks, 220 units and 64 preference stocks indicating it is trailing 83% of the market.

8.3 Overbought/Bearish Signals:

- The Relative Strength Index (RSI) of 75.6 has penetrated the overbought line of 70, suggesting the price gain of 11.9% in the last 14 days is unusually high.

- The Money Flow Index [MFI] is 89.4 suggesting an overbought 14-day trend, being above 80. The Money Ratio of 8.4 suggests positive money flow was 8.4 times negative money flow.

- The Stochastic indicator of 84.9 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.

SECTION 9 ONGOING BEARISH PARAMETERS

9.1 Present Value of $1000 Invested in the Past [1 Yr, 3 Yrs]; The Worst Periods with PV$1000 < 732

PV$1,0001 yr ago3 yrs ago
BA.NYSE$731$507
Aerospace sector$912$880
S&P 500 Index$933$1,395

9.2 The Worst Periods [1 Yr, 3 Yrs] with Price Change % < -26.8

3-Year price change of -50.2% for Boeing underperformed the change of 38.5% in the S&P 500 Index for a relative price change of -88.7%.

Price Change %Year3 Years
Boeing-26.9-50.2
Aerospace sector-9.2-12
S&P 500 Index-6.938.5

9.3 Moving Annual Return of -26.9% in the past year:

Moving Annual Return was -26.9% in the past year. Based on a dynamic start date of 5 years ago, the real rate of return has averaged 3.2%. The Moving Annual Return has been negative in 3 out of 5 years.

BAClose ($)Dividends ($)Capital Gain / (Loss) %% YieldAnnual Return %
Aug 02164.68-(26.9)-(26.9)
1 Yr ago225.34-42.6-42.6
2 Yrs ago1586.17(52.2)1.9(50.3)
3 Yrs ago330.427.53(3.3)2.2(1.1)
4 Yrs ago341.646.2648.92.751.7

Close 5 years ago $229.37

9.4 MCap: 5-Year Decrease of $44 billion (31%)

In the past 5 years Market Capitalization has decreased by $43.7 billion (31%) from $141.5 billion to $97.8 billion. Based on a dynamic start date of 5 years ago, there have been declines in MCap in 3 out of 5 years.

PriceMCap ($ B)
Last$164.6897.8
1 Year ago$225.34131.8
2 Years ago$158.089.2
3 Years ago$330.42188.1
4 Years ago$341.64202.7
5 Years ago$229.37141.5

9.5 Annualised Period-based Total Shareholder Returns [TSR %]: The Worst Periods with TSR < -5.2%

TSR %1 yr3 yrs5 yrs
BA.NYSE-26.9-20.1-5.3

9.6 Declining VWAP, down 38% in 5 years

In the past five years Volume Weighted Average Price (VWAP) has decreased by 38.5% to $186.62. .

Past five years, 12 months ended Aug 02 (USD)

YearHigh PriceVWAPLow Price
2022241.15186.62113.02
2021278.57205.72141.58
2020386.43190.3789.0
2019438.28358.09285.97
2018362.68303.42222.55

9.7 Quarterly Trend in Revenue and Net Profit Margin:

- Revenue growth has been negative in recent quarters. [All figures in %]

Qtr-endedRevenue GrowthNet Profit Margin
Mar 22 [Q1 vs Q4]-5.4-8.9
Dec 21 [Q4 vs Q3]-3.2-28.1

SECTION 10 CORPORATE PROFILE AND INDEPENDENT RATINGS

10.1 Activities

The Boeing Company (Boeing) is involved in the design, development, manufacture, sale and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services. The Company operates in five principal segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network and Space Systems (N&SS), Global Services and Support (GS&S) and Boeing Capital Corporation (BCC). BMA, N&SS and GS&S comprise the Company's Integrated Defense Systems (IDS) business. The Other segment classification principally includes the activities of Engineering, Operations and Technology (EO&T), an advanced research and development organization focused on technologies, processes and the creation of new products. In December 2008, Boeing announced that it has completed its acquisition of Federated Software Group, whose engineering services and software system help track and distribute equipment and personnel for the United States Department of Defense. It is the NYSE's 2nd largest Aerospace company by market capitalisation.

In FY 2021, the top earner of Revenue was Defense Space & Security [42.4%] followed by Commercial Airplanes [31.1%] at Rank 2 and Global Services [26.1%] at Rank 3. In FY 2021, revenue growth was highest in Commercial Airplanes [20.6%] followed by Global Services [5.1%] at Rank 2 and Boeing Capital [4.2%] at Rank 3. In FY 2021, the top regional earner of Revenue was the United States [62.8%] followed by Europe [14.4%] at Rank 2 , Asia [9.4%] at Rank 3 and Middle East [7.5%] at Rank 4. In FY 2021, revenue growth was highest in Latin America Caribbean and other [500.9%] followed by Africa [109.6%] at Rank 2 , Oceania [37.9%] at Rank 3 , Europe [12.6%] at Rank 4 and United States [5.7%] at Rank 5.

10.2 Independent Ratings and Relative Value Indicators

+ Just Capital:

The Boeing Company was ranked 447 in the Just Capital annual list of top 100 ESG stocks for 2022; it was ranked 8 in the Aerospace & Defense sector.

+ Industryweek 1000:

It is a new entrant in the Industry Week list of the world's largest 1000 manufacturers by Revenues in 2016, ranked 29.

+ Newsweek 500:

It was ranked 65 by Newsweek and Corporate Knights Capital in the World's 500 Greenest Companies 2016. It had outstanding scores of 11.5% in Water productivity, 9.9% in Waste productivity and 8.2% in Carbon productivity.

+ Clarivate 100:

It is ranked in the Top 100 innovators by Clarivate Analytics.

+ PwC 100:

It is a new entrant in PwC's list of Top 100 Global companies; ranked 73rd by MCap as at March 31, 2015.

10.3 Segment Information

$$
Description2021-12-31% of Total2020-12-31% of TotalGrowth(%)
Commercial Airplanes19.5 B31.116.2 B27.820.6
Defense Space & Security26.5 B42.426.3 B45.11.1
Global Services16.3 B26.115.5 B26.75.1
Boeing Capital272 M0.4261 M0.44.2
Total62.6 B10058.2 B1007.6

Top Segments by Revenue and rank

In FY 2021, the top earner of Revenue was Defense Space & Security [42.4%] followed by Commercial Airplanes [31.1%] at Rank 2 and Global Services [26.1%] at Rank 3.

Top Segments by Revenue growth and rank

In FY 2021, revenue growth was highest in Commercial Airplanes [20.6%] followed by Global Services [5.1%] at Rank 2 and Boeing Capital [4.2%] at Rank 3.

Regional Information

$$
Description2021-12-31% of Total2020-12-31% of TotalGrowth(%)
Europe9 B14.48 B13.612.6
Asia5.8 B9.45.9 B10.1-1.5
Middle East4.7 B7.55.3 B9-12.3
Canada969 M1.61.3 B2.2-25.6
Oceania1.1 B1.8832 M1.437.9
Africa239 M0.4114 M0.2109.6
Latin America Caribbean and other1.4 B2.2229 M0.4500.9
United States39.1 B62.837 B635.7
Total62.3 B10058.7 B1006.2

Top Revenue Segments by Region and rank

In FY 2021, the top regional earner of Revenue was the United States [62.8%] followed by Europe [14.4%] at Rank 2 , Asia [9.4%] at Rank 3 and Middle East [7.5%] at Rank 4.

Top Regional Segments by Revenue growth and rank

In FY 2021, revenue growth was highest in Latin America Caribbean and other [500.9%] followed by Africa [109.6%] at Rank 2 , Oceania [37.9%] at Rank 3 , Europe [12.6%] at Rank 4 and United States [5.7%] at Rank 5.

10.4 Contact Details

Websitehttp://www.boeing.com
Physical Address100 North Riverside Plaza,Chicago,IL,60606-1596
Phone+1 312 544-2000
Fax5442082
Emailcharles.n.bickers@boeing.com

10.5 U.S. Industry & Sector

Classification LevelName of Sector
Business SectorIndustrial Goods
Industry GroupAerospace & Defense
IndustryAerospace & Defense
Economic SectorIndustrials

10.6 North American Industry Classification System [NAICS]

Code: 336411

Industry Title: Aircraft Manufacturing

SECTION 11 TOP MANAGEMENT

11.1 Top Management

Top Management [Two top executives with tenure > 11 yrs]

NameDesignationSince Appointment
David L. CalhounChief Executive Officer, President13 Yrs, 7 Mos
Lawrence W. KellnerIndependent Chairman, Director11 Yrs, 7 Mos

Top Management [Nine top executives tenure Not Available]

NameDesignation
Brian J. WestChief Financial Officer, Executive Vice President
Stanley A. DealExecutive Vice President, President, Chief Executive Officer of Boeing Commercial Airplanes
Leanne CaretExecutive Vice President
Michael A. ArthurSenior Vice President, President of Boeing International
David A. DohnalekSenior Vice President, Treasurer
Bertrand-Marc AllenSenior Vice President, Chief Strategy Officer
Carol J. HibbardSenior Vice President, Chief Accounting Officer, Controller
Brett C. GerryChief Legal Officer, Executive Vice President - Global Compliance
Susan DonizChief Information Officer, Senior Vice President - Information Technology and Data Analytics

11.2 Profiles of Top Management

David L. Calhoun

CEO & President

Boeing director since: 2009

Professional highlights:

President and CEO, The Boeing Company (2020-present) Senior Managing Director and Head of Private Equity Portfolio Operations, The Blackstone Group (2014-2020) Chairman and CEO, Nielsen Holdings plc. (Chairman 2014-2016; CEO 2010-2014) Chairman and CEO, The Nielsen Company B.V. (2006-2014) Vice Chairman, General Electric Company; President and CEO, GE Infrastructure (2005-2006) President and CEO, GE Transportation (aircraft engines and rail) (2003-2005) President and CEO, GE Aircraft Engines (2000-2003)

Independent: No

Other current public company directorships:

Caterpillar Inc.

Mr. Calhoun brings a diverse skill set to the Board, including deep and long-standing aviation industry experience as Boeing's President and Chief Executive Officer, former Boeing Chair of the Board and independent Lead Director, and a multi-year tenure as the leader of GE's transportation and aircraft engines businesses. He also brings experience leading businesses through periods of change, having led Nielsen's transformation into a leading global information and measurement company. In addition, Mr. Calhoun brings to Boeing strong leadership and valuable insight and perspective on a wide array of strategic and business matters, stemming from his vast executive, management and operational experience at Blackstone, as well as at Nielsen and GE. Mr. Calhoun's significant global aerospace, manufacturing and high-technology industry expertise, as well as leadership experience on the boards of Caterpillar and Gates Industrial Corporation, position him well to serve on the Board and lead Boeing as President and Chief Executive Officer.

Source: Company Website

Shareholder Value:

Creation of shareholder value in Boeing:

Year of appointment: 2009

In the last 10 years the average annualized return to shareholders was 11.2%. The present value of $1,000 (PV1000) invested 10 years ago is now $2,900, a gain of $1,540 and dividend reinvested of $360.

Lawrence W. Kellner

Independent Chairman & Director

Boeing director since: 2011; Independent Chair (2019-present)

Professional highlights:

President, Emerald Creek Group, LLC (2010-present) Chairman and CEO, Continental Airlines, Inc. (2004-2009) President and COO, Continental Airlines, Inc. (2003-2004)

Independent: Yes

Other current public company directorships:

None Mr. Kellner brings to the Board extensive airline industry experience developed during his 14 years of service in key leadership positions at Continental Airlines, including Chairman, Chief Executive Officer, Chief Financial Officer and Chief Operating Officer. Mr. Kellner possesses a deep understanding of strategic planning, customer requirements and operational management in the airline industry. As CEO of Continental Airlines, Mr. Kellner led a highly regulated global airline committed to safety through strong training programs, as well as coordination and integration among pilots, civil aviation authorities and other internal and external stakeholders. He also has deep experience in meeting the requirements of numerous safety and regulatory compliance regimes around the world. In addition, Mr. Kellner has detailed finance and accounting knowledge gained principally from his experience as Chief Financial Officer at Continental Airlines and American Savings Bank. Mr. Kellner also brings to the Board corporate governance expertise from his past service as lead director of Marriott, as chairman of Sabre, and on the boards of other Fortune 500 companies. As a result of his leadership experience in the airline industry, his record of independent leadership at Boeing and his distinguished service on other corporate boards, the Board elected Mr. Kellner to serve as Chair of the Board.

Mr. Kellner is Chair of the Board and a member of the Aerospace Safety Committee and the Governance & Public Policy Committee.

Source: Company Website

Shareholder Value:

Creation of shareholder value in Boeing:

Year of appointment: 2011

In the last 10 years the average annualized return to shareholders was 11.2%. The present value of $1,000 (PV1000) invested 10 years ago is now $2,900, a gain of $1,540 and dividend reinvested of $360.

Leanne Caret

Executive Vice President

Leanne Caret is executive vice president of The Boeing Company and president and chief executive officer of Defense, Space & Security (BDS). She is a member of Boeing's Executive Council.

Named BDS president and CEO in February 2016, Caret leads the $30 billion business that provides integrated solutions to meet the needs of defense, government, space, intelligence and security customers in the United States and around the world. Countries with a major BDS presence include Australia, the United Kingdom, India and Saudi Arabia.

Previously, Caret was president of Boeing's Global Services & Support, an industry leader in providing sustainment solutions for Boeing and select non-Boeing platforms. Before that she was chief financial officer and vice president, Finance, for BDS. Earlier she was vice president and general manager, Vertical Lift, responsible for business growth and program execution for a portfolio of cargo, tiltrotor and attack rotorcraft. Caret joined the company in 1988 and has held various program management positions in the defense business.

Caret holds a Bachelor of Science degree in Business Administration from Kansas State University and a Master of Business Administration degree from Wichita State University. She also earned certifications from Harvard University in the Program for Leadership Development and the International Security Defense Program, and completed the Integral Leadership Program at the University of Notre Dame.

Caret is a member of the St. Louis University board of trustees. She also serves on the council of trustees for the Association of the United States Army, the board of directors for the Center for a New American Security (CNAS), an organization focused on developing national security and defense policies, and the board of directors for the Business-Higher Education Forum, a group of leaders dedicated to creating a highly skilled future workforce.

Stanley A. Deal

Executive Vice President

Stan Deal is executive vice president of The Boeing Company and president and chief executive officer of Boeing Global Services. He is a member of Boeings Executive Council.Deal was named to this position in November 2016 when Boeing announced the establishment of Boeing Global Services as a third business unit of the company, bringing together services capabilities that span the defense, space and commercial sectors. Deal oversaw the formal stand up of Global Services and led its transition into a fully-operational business unit on July 1, 2017.

Michael A. Arthur

Senior Vice President

Sir Michael Arthur was appointed senior vice president of Boeing and president of Boeing International on April 22, 2019. He is a member of the company's Executive Council, reporting to the president and CEO. Arthur is the council's first non-U.S. citizen.

Arthur is responsible for the company's international strategy and corporate operations outside the United States, overseeing 18 regional offices in key global markets. His responsibilities include developing the company's growth and productivity initiatives outside the United States, forming new business and industrial partnerships, overseeing international affairs, enhancing Boeing's local presence and providing global functional support.

Previously, Arthur was president of Boeing Europe and managing director of Boeing United Kingdom and Ireland. He joined the company in September 2014 to lead Boeing in the United Kingdom and Ireland, and he took on additional responsibilities for Europe in March 2016. In this role, Arthur led the company's European strategy and operations to drive business growth through strengthened regional alignment and improved operating efficiencies. He was also responsible for coordinating all Boeing business activities enterprisewide in the United Kingdom and Ireland.

Before joining Boeing, Arthur spent three decades of international government service with the British Diplomatic Service of the Foreign and Commonwealth Office (FCO) followed by three years as a founding member of a United Kingdom-based business consultancy. From 2007 to 2010, he was British ambassador to Germany. Between 2003 and 2007, he was British high commissioner to India.

In addition to his Boeing role, Arthur is a nonexecutive director of Diligenta, president of the German British Chamber of Commerce, UK chairman of the Konigswinter Foundation and an association member of Bupa.

He has a Bachelor of Arts degree in politics, philosophy and economics from Balliol College, Oxford. After graduating, Arthur held a number of diplomatic posts in New York, Brussels, Paris, Bonn, London and Washington, D.C. These positions included FCO director general, director of resources and principal finance officer for the Diplomatic Service. He was deputy chief of mission in Washington, D.C., during the last two years of the Clinton administration (1999 to 2001). He is fluent in three languages: English, French and German.

Brett C. Gerry

Chief Legal Officer

Brett C. Gerry was named general counsel in May 2019. As head of the Boeing Law Department, Gerry manages a global team of attorneys and paralegals, and serves as the company's principal legal advisor. He is a member of the company's Executive Council, reporting to the president and CEO.

Prior to his current role, Gerry served for three years as president of Boeing Japan, based in Tokyo. He was responsible for the development and implementation of the Boeing strategy in Japan, expanding the company's local presence, identifying new business and partnership opportunities, and leading government affairs and corporate citizenship programs.

Since joining the company in 2008, Gerry served in senior positions in the Law Department, including as vice president and general counsel for Boeing Commercial Airplanes and prior to that as chief counsel to Boeing's network and space systems businesses.

Gerry came to Boeing following several senior positions in the U.S. Department of Justice and the White House. His service at the Department of Justice included roles as chief of staff to U.S. Attorney General Michael Mukasey, acting assistant attorney general supervising the department's Office of Legal Policy, and a member of the leadership team that launched the department's National Security Division, where he served as deputy assistant attorney general.

Before that, Gerry was an associate counsel to the president of the United States, in which capacity he worked on national security and intelligence matters. He also worked in private practice at Boston-based Goodwin Procter LLP, and was a law clerk both at the U.S. Court of Appeals for the D.C. Circuit and the U.S. Supreme Court.

Gerry earned a bachelor's degree in political science and economics from Colgate University, an M.A. in political science from Yale University and a J.D. from Yale Law School. He has served as an adjunct professor of law at Georgetown University and the University of Washington School of Law; member of the board of directors of the Alliance for Education in Seattle; and chair of the industry advisory board for the University of Washington Law School's Global Business Law initiative.

SECTION 12 BOARD OF DIRECTORS

12.1 Board Of Directors

Board Of Directors [Three directors with tenure > 6 yrs]

NameDesignationSince Appointment
Ronald A. WilliamsDirector11 Yrs, 8 Mos
Lynn GoodDirector6 Yrs, 11 Mos
Robert A. BradwayIndependent Director6 Yrs, 7 Mos

Board Of Directors [Seven directors with tenure < 4 yrs]

NameDesignationSince Appointment
David L. JoyceDirector1 Yr, 7 Mos
Akhil JohriDirector2 Yrs, 7 Mos
Gitlin David L.Director7 Mos
Stayce D. HarrisDirector1 Yr, 7 Mos
Lynne M. DoughtieIndependent Director1 Yr, 7 Mos
John M. RichardsonIndependent Director3 Yrs, 7 Mos
Steven M. MollenkopfIndependent Director2 Yrs, 7 Mos

12.2 Profiles of Board of Directors

Gitlin David L.

Director

Professional highlights:

Chairman and CEO, Carrier Global Corporation (2021-present) President and CEO, Carrier Global Corporation (2020-2021) President and CEO of Carrier, United Technologies Corporation (2019-2020) President and COO of Collins Aerospace Systems, United Technologies Corporation (2018-2019) President of UTC Aerospace Systems, United Technologies Corporation (2015-2018)

Independent: Yes

Other current public company directorships:

Carrier Global Corporation Mr. Gitlin is a member of the Aerospace Safety Committee and the Finance Committee.

Stayce D. Harris

Director

Boeing director since: 2021

Professional highlights:

Inspector General, U.S. Air Force (2017-2019) Assistant Vice Chief of Staff and Director Air Staff, U.S. Air Force (2016-2017) Commander, 22nd Air Force (2014-2016) 747 Pilot, United Airlines (1990-2020 with military leave of absence 2014-2019) Senior Strategist/Air Force Reserve Advisor to Commander, Air Mobility Command and 18th Air Force (2012-2014) Senior Strategist/Air Force Reserve Advisor to Commander, U.S. Africa Command on Reserve Matters (2010-2012)

Independent: Yes

Other current public company directorships:

BlackRock Fixed-Income Mutual Fund Board Lieutenant General Harris brings extensive aerospace and aviation experience to the Board. General Harris is an experienced Boeing 747 pilot, with over 10,000 flight hours safely transporting passengers and cargo worldwide for United Airlines before her retirement in 2020. Her extensive experience as a pilot, together with her deep knowledge of safety protocols and flight procedures, adds to the Board's expertise in aviation safety and provides hands-on familiarity with pilots' and crew interaction with complex aerospace systems, including in particular Boeing aircraft. Before retiring from the Air Force in 2019, General Harris was a United States Air Force Reserve Lieutenant General, serving in several senior roles, including most recently as Inspector General of the Air Force and, before that, the Assistant Vice Chief of Staff of the Air Force. Harris was the first African American woman to command an Air Force operational flying squadron, wing and numbered Air Force. General Harris' military and aviation expertise, extensive leadership experience, and demonstrated record of leading teams with honor and integrity as paramount values all bring significant value to the Board. General Harris's prior experiences also bring to the Board an extensive background and expertise in military, audit and cybersecurity matters. General Harris earned a Bachelor of Science degree in industrial and systems engineering from the University of Southern California and a Master of Aviation Management degree from Embry-Riddle Aeronautical University.

General Harris is a member of the Aerospace Safety Committee, the Audit Committee, and the Special Programs Committee.

Source: Company Website

Ronald A. Williams

Director

Former Chairman &

CEO, Aetna

Director since: 2010

Age: 71

Biography

Mr. Williams has served as Chairman and Chief Executive Officer of RW2 Enterprises, LLC (consulting) since May 2011. Mr. Williams served as Chairman of Aetna Inc. (managed care and health insurance) from October 2006 to April 2011, having previously served as Chief Executive Officer from February 2006 to November 2010, President from May 2002 to July 2007 and Executive Vice President and Chief of Health Operations from March 2001 to May 2002. Following his retirement in April 2011, he provided consulting services to Aetna until February 2012. Mr. Williams also serves on the boards of American Express Company, Envision Healthcare Holdings, Inc. and Johnson & Johnson.

Skills and Experience

Mr. Williams brings to our Board significant strategic, leadership, operations and management experience from his tenure at Aetna, including as Chairman and Chief Executive Officer. With more than 25 years of experience in the health care industry, Mr. Williams provides valuable insight into health insurance and employee benefits best practices, as well as the many related areas associated with managing the requirements of companies in industries with large numbers of employees in U.S. and non-U.S. locations. In addition, his service as chairman of the audit and risk committee of American Express has enhanced his expertise in the areas of financial reporting, internal controls and risk management for large, global companies. Mr. Williams also brings corporate governance expertise gained from his service on the boards of other Fortune 100 companies.

Shareholder Value:

Creation of shareholder value in Boeing:

Date of appointment: December 02, 2010

In the last 10 years the average annualized return to shareholders was 11.2%. The present value of $1,000 (PV1000) invested 10 years ago is now $2,900, a gain of $1,540 and dividend reinvested of $360.

David L. Joyce

Director

Boeing director since: 2021

Professional highlights:

Non-Executive Chair, GE Aviation (2020) President and CEO, GE Aviation (2008-2020) Vice Chair, General Electric Company (2016-2020)

Independent: Yes

Other current public company directorships: None

Mr. Joyce brings to the Board vast aerospace, engineering and manufacturing expertise, as well as a demonstrated track record of safety leadership and operational excellence. He developed his in-depth knowledge of the challenges and opportunities facing the aerospace industry at General Electric Company. Mr. Joyce has 40 years of experience at GE Aviation including 12 years of service as President and CEO and four years as Vice Chairman of GE. He began his career at GE as a product engineer spending more than a decade designing and building both military and commercial engines. Mr. Joyce is recognized for his proficiency in product development, product management, and product support founded on an industry-leading safety management system, and focused on the military and airline customers. Mr. Joyce is a member of the National Academy of Engineering and earned both bachelor of science and master's degrees in mechanical engineering from Michigan State University and a master's degree in business finance from Xavier University.

Mr. Joyce is Chair of the Aerospace Safety Committee and a member of the Compensation Committee and the Special Programs Committee.

Source: Company Website

Akhil Johri

Director

Boeing director since: 2020

Professional highlights:

Operating Advisor, Clayton, Dubilier & Rice (2021-Present) Special Advisor to the Chairman and CEO, United Technologies Corporation (2019-2020) Executive Vice President and CFO, United Technologies Corporation (2015-2019) CFO, Pall Corporation (2013-2014) Vice President, Finance and CFO, UTC Propulsion and Aerospace Systems, United Technologies Corporation (2011-2013) Vice President, Financial Planning and Investor Relations, United Technologies Corporation (2009-2011)

Independent: Yes

Other current public company directorships:

Cardinal Health Inc. Mr. Johri brings to the Board extensive aerospace industry expertise from his more than 30 years at United Technologies, as well as critical skills developed while serving as Chief Financial Officer at multiple Fortune 500 companies. These skills enable Mr. Johri to provide critical insights to the Board in areas as diverse as financial strategy, strategic operations, the dynamics of managing a complex, global supply chain, articulating corporate strategy to investors and other stakeholders and mitigating risks associated with the development of new products and services at a large industrial manufacturer. Mr. Johri also brings to the Board unique insights relating to his senior leadership experience at United Technologies, a major supplier to aerospace companies like Boeing. In addition, as an independent director and audit committee member at Cardinal Health, Mr. Johri brings to the Board experience in risk oversight and corporate governance of a large company in a highly regulated industry. In recognition of Mr. Johri's extensive experience in corporate finance and strategic matters, the Board elected him to serve as Chair of the Audit Committee. Mr. Johri is a graduate of the Indian Institute of Management, Ahmedabad, and is a Chartered Accountant.

Mr. Johri is Chair of the Audit Committee and a member of the Finance Committee.

Source: Company Website

Shareholder Value:

Creation of shareholder value in Boeing:

Year of appointment: 2020

In the last 2 years the average annualized return to shareholders was 2.1%. The present value of $1,000 (PV1000) invested 2 years ago is now $1,042, a gain of $42.

Lynn Good

Director

Ms. Good has served as Chairman since January 2016 and as President and Chief Executive Officer of Duke Energy Corporation (electrical utility) since July 2013. Her prior experience at Duke Energy includes service as Vice Chairman from July 2013 to January 2016 and as Executive Vice President and Chief Financial Officer from July 2009 to June 2013.

Ms. Good is a member of the Audit Committee and the Finance Committee.

Source: Company Website

Steven M. Mollenkopf

Independent Director

Boeing director since: 2020

Professional highlights:

Special Advisor, Qualcomm Incorporated (2021-present) CEO, Qualcomm Incorporated (2014-2021) CEO-elect and President, Qualcomm Incorporated (2013-2014) President and COO, Qualcomm Incorporated (2011-2013)

Independent: Yes

Other current public company directorships: None

Mr. Mollenkopf's experience as the Chief Executive Officer and Chief Operating Officer of Qualcomm, an engineering-driven, high-technology manufacturing company, enables him to bring critical insights to the Board in areas such as engineering leadership, risk management, leading a complex business with a global reach and oversight of large-scale efforts to develop and test new technologies. A long-time engineer who started with Qualcomm over 25 years ago, Mr. Mollenkopf also possesses expertise and direct leadership experience in precision engineering, project management, manufacturing, quality control and designing testing regimes for complex systems. Mr. Mollenkopf is a published IEEE (Institute of Electrical and Electronics Engineers) author and an inventor on 38 patents in areas such as power estimation and measurement, multi-standard transmitters and wireless communication transceiver technology. He holds a bachelor's degree in electrical engineering from Virginia Tech and a master's degree in electrical engineering from the University of Michigan.

Mr. Mollenkopf is a member of the Compensation Committee, the Governance & Public Policy Committee, and the Special Programs Committee.

Source: Company Website

Shareholder Value:

Creation of shareholder value in Boeing:

Year of appointment: 2020

In the last 2 years the average annualized return to shareholders was 2.1%. The present value of $1,000 (PV1000) invested 2 years ago is now $1,042, a gain of $42.

Robert A. Bradway

Independent Director

Boeing director since: 2016

Professional highlights:

Chairman and CEO, Amgen Inc. (Chairman 2013-present; CEO 2012-present) President and COO, Amgen Inc. (2010-2012) Executive Vice President and CFO, Amgen Inc. (2007-2010)

Independent: Yes

Other current public company directorships:

Amgen Inc. Mr. Bradway brings to the Board critical skills in the areas of high technology, product development, financial oversight, product safety, and risk management. His experience as a senior executive in the biotechnology industry, including as Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer of Amgen, provides him with an extensive understanding of the strategic considerations and challenges associated with meeting the requirements of numerous safety and regulatory compliance regimes around the world. In addition, he previously served as a director of Norfolk Southern Corporation, one of the nation's largest railroad transportation companies, where virtually every aspect of operations is heavily regulated and subject to strict safety-related oversight. In recognition of Mr. Bradway's experience in corporate finance, risk management, and executive leadership, the Board elected him to serve as Chair of the Finance Committee.

Mr. Bradway is Chair of the Finance Committee and a member of the Governance & Public Policy Committee.

Source: Company Website

John M. Richardson

Independent Director

31st Chief of Naval Operations, U.S. Navy; Former Director of the Naval Nuclear Propulsion Program, U.S. Navy. Admiral Richardson served as the 31st Chief of Naval Operations, U.S. Navy from September 2015 to August 2019. Prior to his service as Chief of Naval Operations, he served as the Director of the Naval Nuclear Propulsion Program, U.S. Navy from November 2012 to August 2015. While serving as Director of Naval Nuclear Propulsion (itself a joint Department of Energy and Department of Navy organization), Admiral Richardson was responsible for the safe and effective operation of more than 90 reactors during their full life-cycle, operating around the world on nuclear-powered warships and at several land-based facilities. Operationally, he served in four nuclear submarines, including commanding the submarine USS Honolulu. In addition, Admiral Richardson evaluated and taught prospective submarine commanding officers, who would be responsible for the lives of their shipmates in extreme environments. His 37-year career with the U.S. Navy also included service in the attack submarine division on the Chief of Naval Operations staff, as naval aide to the President of the United States and as Director of Strategy and Policy at U.S. Joint Forces Command. He also serves on the board of Exelon Corporation. He earned a bachelor of science degree in physics from the U.S. Naval Academy, a master's degree in electrical engineering from the Massachusetts Institute of Technology and Woods Hole Oceanographic Institution and a master's degree in National Security Strategy from the National War College.

Admiral Richardson is Chair of the Special Programs Committee and a member of the Aerospace Safety Committee and the Finance Committee.

Lynne M. Doughtie

Independent Director

Ms. Doughtie brings insights and expertise from her extensive experience in the accounting profession and executive experience leading a Big Four public accounting firm. She began her career in KPMG's audit practice in 1985 and held various national, regional, and global leadership roles, including lead partner for several of KPMG's major clients. Ms. Doughtie has had significant exposure to issues facing complex, global companies and has expertise in risk management, internal controls, culture change and regulatory compliance. Ms. Doughtie also previously served on the boards of Catalyst, Inc. and Chief Executives for Corporate Purpose and has been recognized for her leadership in inclusion and diversity and values leadership. Ms. Doughtie's financial expertise, executive leadership experience, risk management and regulatory skills, and experience driving culture change bring significant value to the Board.

Ms. Doughtie is a member of the Audit Committee and the Finance Committee.

12.3 Resignations in the past 4 years

NameDesignationDate of Resignation
David L. CalhounDirector,President,Chief Executive Officer01 April 2022
W. James McNerneyDirector26 December 2017

SECTION 13 INSIDER OWNERSHIP AND BUYING IN THE PAST 12 MONTHS

13.1 Shares Held by Insiders as on Aug 02, 2022 (Value computed at price $164.68)

NameShares HeldValue, $
Leanne Caret71,39111,756,670
Stanley A. Deal65,48310,783,740
Brett C. Gerry29,1144,794,494
Steven M. Mollenkopf1,632268,758
Total167,62027,603,662

Leanne Caret now has a beneficial interest in 71,391 Boeing shares worth $11.8 million.

Nature of OwnershipShares HeldValue, $
Equity-Non-Derivative Securities
NA71,29211,740,367
By Spouse9916,303
Total (Equity)71,39111,756,670

Stanley A. Deal now has a beneficial interest in 65,483 Boeing shares worth $10.8 million.

Nature of OwnershipShares HeldValue, $
Equity-Non-Derivative Securities
NA60,1739,909,290
Career Shares4,320711,418
401(k) plan990163,033
Total (Equity)65,48310,783,740

Brett C. Gerry now has a beneficial interest in 29,114 Boeing shares worth $4.8 million.

Nature of OwnershipShares HeldValue, $
Equity-Non-Derivative Securities
NA21,6413,563,840
By Trust7,4701,230,160
401(k) plan3494
Total (Equity)29,1144,794,494

Steven M. Mollenkopf now has a beneficial interest in 1,632 Boeing shares worth $268,758.

13.2 Insider buying Summary in the past 12 months

NameNo. of SharesPrice, $Value, $
Mollenkopf Steven M [Independent Director]480208.4100,027
Total480208.4100,027

SECTION 14 PEER COMPARISON & RANKING OF BA

14.1 GLOBAL PEER COMPARISON: BA - SIZE (all figures in $)

In its Global Peer Group of 9 companies BA is ranked BA is ranked second (2) by Total Assets, third (3) by MCap, Revenue and ninth (9) by Net Profit.

Name (Code)MCapRevenueNet ProfitTotal Assets
Rank of BA3392
Boeing (BA)97.8B62.3B(4.2B)138.6B
Raytheon Technologies (RTX)139.3B64.4B3.9B161.4B
Lockheed Martin (LMT)114.3B67B6.3B50.9B
Airbus Group (AIR)82.6B53.3B4.3B109.4B
Northrop Grumman (NOC)75.6B35.7B7B42.6B
General Dynamics (GD)62.7B38.5B3.3B50.1B
Safran (SAF)44.1B17B359.9M40.4B
TransDigm Group (TDG)34.5B4.8B607M19.3B
BAE Systems (BA.)31B23.8B2.1B33B

GLOBAL PEER COMPARISON: BA - RELATIVE VALUE INDICATORS

In value terms, comparing relative value of its shares, BA is ranked

+ 4 out of 9 by Price/Sales per share [1.6]

Name (Code)Currency CodeLast PriceDiv Yld (%)P/EP/S
Rank of BA by value4
Boeing (BA)USD164.71.6
Raytheon Technologies (RTX)USD94.32.236.42.1
Lockheed Martin (LMT)USD431.22.618.42.0
Airbus Group (AIR)EUR102.71.520.61.5
Northrop Grumman (NOC)USD486.41.413.12.1
General Dynamics (GD)USD228.72.219.21.6
Safran (SAF)EUR107.10.5
TransDigm Group (TDG)USD631.443.86.9
BAE Systems (BA.)GBX802.23.214.31.3

USD 1=

0.974 Euro (EUR)ChartPath:Global Peer Group - Price Performance:/home/jboss/jboss-3.2.7/server/default/deploy/BuySellSignals.war/report/Usnyse/Stock/PDF/Daily/chart/new/205_GlobalPeerGroup.svg

14.2 BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING:

Boeing vs NYSE Market

Out of 2,082 stocks and 220 units in the NYSE Market, Boeing is ranked Forty-seventh(47) by Revenue, Fifty-sixth(56) by Market Cap in $, 126th(126) by P/Sales and 585th(585) by Discount to 52-Wk High.

NYSE AvgBABA Rank
Revenue $-62.3 B47
Market Cap $-97.8 B56
P/Sales1.6x1.6x126
Discount to 52-Wk High (%)19.231.7585
Premium to 52-Wk Low (%)11.145.71740
EBITDA Margin%14.1(8.1)1839
Net Profit $-(4.2 B)2917

Negative values are shown in brackets.

14.3 Stock in Index and Stock in Sector

DescriptionBAS&P 500 Index% of S&P 500 IndexAerospace sector% of Aerospace sector
Net Profit $-4,202,000,0001,164.3 B-0.4862.2 M-487.3
Revenue $62.3 B10,430.4 B0.6164.2 B37.9
Total Assets $138.6 B36,924.6 B0.4377.4 B36.7
MCap $97.8 B36,001.5 B0.3350.1 B27.9

14.4 Relative Valuation Indicators: Stock vs Index and Stock vs Sector

DescriptionBAS&P 500 Index Avg.Aerospace sector Avg.
Price/Earnings-23.017.3259.7
Price/Net Tangible Assets-3.847.57-6.23

14.5 MARKET SHARE

Boeing vs Aerospace sector [Aerospace sector Total in Brackets]

Revenue of $62.3 billion[38.4% of aggregate sector revenue of $164.2 billion; down from 39.2% in the previous year.]

14.6 GLOBAL RANK [out of 48,175 stocks] AND RANK OF BOEING IN THE AMERICAN REGION [out of 11,648 stocks]

DescriptionValueGlobal RankIn Am Region
MCap ($)97.8B13886
Total Assets ($)138.6B463202
Revenue ($)62.3B20669
Net Profit ($)(4.2B)43,2289,653
Net Profit Margin %(6.9)30,9204,659
PV1000 (1Year) $73127,1585,502
$ Change (1Year) %-25.326,5505,419

14.7 RANK OF BOEING IN THE S&P 500 INDEX [out of 352 stocks], IN THE NYSE MARKET [out of 2186 stocks] AND IN THE AEROSPACE SECTOR [out of 16 stocks]

DescriptionValueIn S&P 500 IndexIn NYSE MarketIn Aerospace sector
MCap ($)97.8B54592
Total Assets ($)138.6B46672
Revenue ($)62.3B42492
Net Profit ($)(4.2B)3482,22317
Net Profit Margin %(6.9)3341,59113
PV1000 (1Year) $7313217028

14.8 LONG-TERM FUNDAMENTAL RANKING: 3 OUT OF 5 [5 is best]

Boeing is ranked number 2 out of 20 listed aerospace companies in the United States with a market capitalization of $97.8 billion.

In the aerospace companies it has the 2nd highest total assets and 2nd highest revenues.

Within its sector it has a relatively low Price/Sales of 1.6.

Stocks are scored on a set of parameters reflecting fundamental analytical tools involving valuation, size and financial performance. They are ranked according to the average values of those parameters. The highest ranking is 5 and the lowest ranking is 1.

SECTION 15 PATENTS

15.1 Number of Patents Issued to Boeing by the US Patent Office and the European Patent Office

A total of 9,636 patents were issued to Boeing in the last eight years. In the past year 1,268 patents were issued, 1.1 times average of 1,204 patents per year.

12 months ended Aug 02No. of Patents Issued
20221,268
20211,597
20201,644
20191,445
20181,374
20171,182
2016818
2015308
Total9,636

15.2 Rank by patents issued in the past 12 months: Boeing vs NYSE stocks

Boeing's ranked 1 by US Patents issued in the past year out of 2,437 NYSE listed companies. A total of 24,227 US patents were issued to NYSE listed companies in the past year, an average of 9.9 patents per company. Boeing received 918 US Patents in the past 12 months, 92 times average.

SECTION 16 STOCK IDENTIFIERS

ISIN: US0970231058

PermID: 4295903076

Central Index Key (CIK): 12927

CUSIP: 097023105

RIC: BA.N

GLOSSARY

ADVT: Average Daily Volume of shares Traded

Annual Return: Dividends Paid In a 12-Month Period/Price at the Beginning of the Period + Capital Gain or Loss over 1 Year/Price 1 Year Ago (%)

Cash Burn: Net Operating Cashflow used in the past quarter. Shown for companies reporting losses

Cash Runway: Cash at end of Qtr/Cash Burn. Shown in months for companies reporting losses

Moving Average Price (n periods): Sum of Prices for each Period/Number of Periods

PV1000: Present value of 1000 invested 1 year/'n' years ago

Price Close/Moving Avg Price: Latest Price/Moving Average Price

Price/Earnings: Share Price/Earnings Per Share (times)

Price/Sales: Share Price/Sales Per Share (times)

Relative Price Change [RPC]: Relative price change is price change of stock with respect to Benchmark Index

Relative Strength (6 Months): Price close today/Price close 6 months ago, then ranked by percentile within the entire market.

TSR: Total Shareholder Returns is expressed as an annualized rate of return for shareholders after allowing for capital appreciation and dividend

Volume Index (VI): Number of shares traded in the period/Average number of shares traded for the period

Volume Weighted Average Price (VWAP): The Volume Weighted Average Price (VWAP) is the summation of turnover divided by total volume in the same period.

Disclaimer: While this document is based on information sources which are considered reliable, it has been prepared without consideration of your specific investment objectives, financial situation or needs, so you should carry out your own analysis or seek professional investment advice before an investment decision is made. The document contains unbiased, independent equities data and analysis from Jupiter International (Australia) Pty Ltd trading as BuySellSignals (AFS Licence 222756), who provide round the clock analysis on every stock, every sector, every market, every day. BuySellSignals is not a broker, and does not have executing, corporate advisory or investment banking functions. Jupiter International (Australia) Pty Ltd, its directors, employees and contractors do not represent, warrant or guarantee, expressly or impliedly, that the information contained in this document is complete or accurate.

Data for the BuySellSignals algorithms is drawn from annual reports, company websites and similar sources of publicly available data. It should be used as a guide only.

Created by www.buysellsignals.com