Boeing Global Services

Boeing Global Services (BGS) is a division of The Boeing Company. It provides aftermarket support, such as maintenance and upgrades, to customers who purchase equipment from the company's other divisions, Boeing Commercial Airplanes and Boeing Defense, Space & Security, or other manufacturers. The division was established on July 1, 2017, and is headquartered in the Legacy West development in Plano, Texas.

Boeing Global Services
Company typeDivision
IndustryAviation
FoundedJuly 1, 2017 (2017-07-01)
HeadquartersLegacy West,
Plano, Texas
,
United States
Area served
Worldwide
Key people
D. Christopher Raymond (President and CEO)
Revenue US$19.1 billion (2023)
US$3.3 billion (2023)
Total assets US$16.2 billion (2023)
Number of employees
22,323 (2023)
ParentThe Boeing Company
Websiteservices.boeing.com
Footnotes / references
Financials as of December 31, 2023.
References:

BGS is one of the most profitable divisions of Boeing, earning a record US$19.1 billion in 2023 in revenue at a time when the company's other two divisions operated at a loss. The revenue split is 60% commercial and 40% military.

Services offered by the division include aircraft maintenance, converting aircraft to freighters, parts distribution, and developing technology. However, despite the company's financial success, it has also faced frustration from customers in its parts business in response to long lead times and increased prices for parts.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.