Over the past 50 years, The Boeing Company has proven itself to be an industry leader in technology and leveraging its vast physical resources. Boeing has been at the forefront of innovation in both commercial aviation and airplanes used for defense purposes. Whether it's introducing the first modern twin-engine aircraft at the unveiling of the Boeing 247 or introducing new efficiency standards into its business model, Boeing seems to have always been a step above the competition. So, while on the one hand Boeing was hurting its competitors, on the other hand they decided to become more efficient. So not only were they leaders in technological innovation, but they were also improving the productivity of their largest business unit, while at the same time decreasing the amount of space used. When a company is going all out, as Boeing appears to be, it becomes difficult to compete, and its competitors are likely to find this out firsthand. Technology for any aerospace company is important, and this is especially true for Boeing. Since its inception, Boeing has been at the forefront of aviation technology. They introduced the first modern airliner with the Boeing 247 model (http://www.boeing.com/history/boeing/m247.html). During World War II Boeing built the best bomber planes based on the 247 model, the bomber designed by Boeing was so good that their rivals Lockheed Martin and Douglas planes agreed to make them too. After the end of the war Boeing suffered significant financial losses due to the defense division, this experience forced the company to reinvent itself, and so it did. In the 1950s, during the Korean War, Boeing began developing guided missiles. This technology… is half the paper… of their business model. Boeing appears to be a company that is not afraid of risk because it understands that nothing risked means nothing gained. In 2001, when the airline industry collapsed after 9/11, they could have shut down their 737 division or sold it to a competitor, but instead they found a way to make it work, and make it work better than before. During World War II and the Korean War, Boeing's innovation helped the US military achieve its military goals and at the same time positioned itself as the major player in the defense industry. While no company manages its resources perfectly, Boeing has proven to be one of the best companies in this regard, and with its approach to innovative technology and prudent management of its resources, it will likely remain in business long enough to further improve on a fundamental basis. already solid..