The history of Boeing (1916-2007)
Boeing’s history dates back to the year 1916 as Pacific Aero Products under the leadership of William Boeing. The company developed in under a year to opt to rename itself as Boeing Airplane and Transportation. 12 years later, it renamed itself as United Aircraft and Transportation. By this time, 1929, the company was dealing in airplanes construction as well as construction and development of airplane propellers and engines. It had even gone ahead and diversified it operations to capitalize in emerging markets such as mail delivery, airport maintenance and operating air travel agencies and air transport all over the US.
Legislation passed in 1934 resulted in the company’s closure of its mail delivery operations. However, the company was contracted by the US government to produce military bombers during the Second World War. After the War, the company continued to receive military contracts to produce new airplanes fro the US military. The company acquired the Piasecki Helicopter Company and later rebranded as Boeing Vertol.
Boeing later increased its market presence and domination of the airlines industry by producing the first international medium and short range airliners in 1967. In the late 1980’s, the company diversified to incorporate a division referred to as Boeing Computer Services as well as diversif