The Wire · live □ GRID-REF 37°47′N 122°25′W
DISPATCH 03/26 · 15 Aug 2026
BattlePolicy
Startup to front line. Strategy to consequence.
Company Dossier

The Boeing Company

Boeing's defense arm pairs a newly won next-generation fighter (F-47) with two carrier- and combat-relevant autonomous aircraft programs, MQ-25 Stingray and MQ-28 Ghost Bat, now entering production and weapons integration.

BattlePolicy Research · Updated 28 Jul 2026 · 19 min read
FILE · boeingOpen-source file · BattlePolicy ProStatus Public (NYSE: BA); market cap ~$164B (July 2026), against a record total-company backlog of ~$695B (commercial + defense). BDS itself has struggled with fixed-price-development losses even as commercial aviation recovers.Unverified
The Boeing Company
Diversified Prime / Aerospace, Autonomy & SpaceCombat-fieldedUSPublic (NYSE: BA); market cap ~$164B (July 2026), against a record total-company backlog of ~$695B (commercial + defense). BDS itself has struggled with fixed-price-development losses even as commercial aviation recovers.
Boeing's defense arm pairs a newly won next-generation fighter (F-47) with two carrier- and combat-relevant autonomous aircraft programs, MQ-25 Stingray and MQ-28 Ghost Bat, now entering production and weapons integration.
Founded
1916
HQ
Arlington, Virginia
Headcount
approx 170,000Boeing Company total, 2025 disclosures
Total raised
Public (NYSE: BA) — market cap ~$164BJuly 2026
Valuation
market cap ~$164BJuly 2026
Stage
Public incumbent prime

Background

The Boeing Company, founded in 1916 and headquartered in Arlington, Virginia, is one of the world's two dominant commercial aircraft manufacturers and a major U.S. defense prime.

Kelly Ortberg, who became President and CEO in August 2024, leads the parent company through an ongoing turnaround focused on stabilizing commercial production and finances; Steve Parker serves as President and CEO of the Boeing Defense, Space & Security (BDS) segment, which houses the company's military aircraft, autonomous systems and space programs.

BDS's most defense-tech-relevant current programs are the F-47 next-generation fighter, selected by the U.S.

Air Force in 2025 as the winner of the Next Generation Air Dominance (NGAD) competition, and two uncrewed aircraft: the MQ-25 Stingray carrier-based autonomous refueling drone (which completed Milestone C and its first operational taxi test in January 2026) and the MQ-28 Ghost Bat collaborative combat aircraft, developed originally for the Royal Australian Air Force and now being integrated with AIM-120 AMRAAM and marketed into the UK and Europe alongside a BAE Systems partnership.

🔒 BattlePolicy Pro — the assessment layer continues for members: funding & investors, customers & contracts, leadership, competitive position, battlefield record, and the analyst verdict.