Strengths: One of two globally dominant producers of commercial aircraft. Very strong positions in defense and space sectors, with favorable overall growth prospects for those businesses. Improved business diversity, compared to historical focus on commercial aerospace. Relatively low debt use. Weaknesses: Significantly weaker intermediate-term demand for commercial airplanes and considerable uncertainties as to the duration of the downturn and timing and strength of the market's recovery. Very competitive conditions in all markets served, with varied degrees of cyclicality. Ratings on Boeing Co. are supported by its position as one of two globally dominant producers of commercial aircraft, generally favorable long-term fundamentals for that business, a very strong position in defense and space, relatively low debt use, and anticipated good overall
