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The Boeing Company (NYSE:BA) is one of the world's largest aerospace manufacturers and defense contractors, founded in 1916 by William Boeing in Seattle, Washington. Originally established as Pacific Aero Products Co., the company has grown from a small aircraft manufacturer into a global aerospace giant that designs, develops, manufactures, and services commercial jetliners, military aircraft, satellites, and space systems. Boeing is headquartered in Chicago, Illinois, and operates as a duopoly with Airbus in the commercial aviation market. The company has faced significant challenges in recent years, including the 737 MAX crisis, production quality issues, and substantial financial losses, while working to restore its reputation and stabilize operations.