The statistic highlights Boeing’s Backlog Orders by Segment – Segment Wise, from Q1 FY 2016 to the latest quarter.
Boeing was founded in Seattle, Washington in 1916 by William Boeing. One of the largest global aerospace manufacturers, the Boeing Company (NYSE: BA) is an American multinational company and deals with the designing, manufacturing, and selling of rockets, satellites, airplanes, rotorcraft, missiles, and telecommunications equipment. Based on revenues of 2018, it is the second-largest defense contractor in the world and the largest exporter in the US by dollar value. Boeing broadly organized into five divisions: Space & Security (BDS), Boeing Defense; Boeing Commercial Airplanes (BCA); Boeing Capital; Engineering, Operations & Technology; and Boeing Shared Services Group.
The broad segments of Boeing are Commercial Airplanes; Defense, Space, and Security; and Global Services.
In Q1, the contractual backlog remains robust at $470.20 billion, with 121 net orders of Commercial Airplanes worth $6 billion. Backlog remains strong, with over 5,700 airplanes valued at $424 billion. Boeing’s product strategy proved useful, helped in converting backlog into profitable growth. In Q2, Commercial Airplanes reported 152 net orders of $11 billion, but backlog remains strong, with nearly 5,700 airplanes valued at $416.6 billion. While, Backlog at Defense, Space & Security was $46.4 billion, of which orders from international customers covers 37 percent. In Q4, Boeing launched its Global Services. Total backlog at quarter-end was $458.3 billion with 288 net orders of commercial airplanes, while Defense, Space & Security marked the backlog of $57 billion.
In Q1, Commercial Airplanes booked 198 net orders worth $15 billion, while backlog at Defense, Space & Security was $46.4 billion representing 34 percent orders from international customers. Boeing added key wins in commercial airplanes; defense, space, and services in diverse order backlog in Q2. The company reported backlog at quarter-end of $467.6 billion with net orders of $27 billion. In last quarter, backlog remains robust at $470.24 billion, including net orders for the quarter of $40 billion with a record 5,864 commercial aircraft in the backlog. Though the Global Services witnessed strong top-line growth and operational execution, the backlog increased to $19.61 billion YoY in the last quarter.
In Q1, Commercial Airplanes recorded 221 net orders worth $18 billion with a robust backlog of over 5,800 airplanes valued at $415.38 billion. While Defense, Space & Security reported a backlog of $50.4 billion, with 36 percent orders from international customers. The total contractual backlog in Q2 was $486 billion, with net orders of $34 billion. In last quarter, Global Services recorded the highest backlog in the whole year of $21.06 billion, while Commercial Airplanes saw a downfall in backlogs to $408.14, with 262 net orders worth $16 billion. Backlog at Defense, Space & Security was $57 billion with 30 percent international orders.
Overall, the backlog dropped linearly during the year across all segments. In Q1, Commercial Airplanes reported a healthy backlog of $399.37 billion with orders from airline giants – British Airways and Lufthansa. Defense, Space & Security backlog grew to $66.79 billion, while booked orders worth $12 billion during the quarter and, of which 31% percent are international orders. In Q3, Boeing reported a total backlog of $470.23 billion, including 5,500 commercial airplanes in the backlog. In Q4, Global Services reported a yearly growth in backlogs to $22.9 billion, whereas Commercial Airplanes reported backlogs of $376.59 billion with major orders for Dubai Air Show and Lufthansa airlines. Defense, Space & Security backlogs tolled to $63.9 billion with 29 percent international orders.
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