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Boeing Revenue from Defense, Space and Security

In 2022, Boeing experienced a decline in its net sales in the defense, space and security segment, which is its second largest operating segment based on net revenue. The company generated $23,162 million in net sales from the defense segment compared to $26,540 million in 2021.

The total net revenue of the company in 2022 was $66,608 million compared to $62,286 million in 2021. Its largest business segment is commercial airplanes which generated $25,867 million in net sales in 2022. Despite a growth in its total net revenue compared to the prior year, the company incurred a net loss of $5,053 million. In the previous year (2021), the net loss of the company was $4,290 million.

Revenue of Boeing from Defense, Space and Security (BDS) 2005-2022

Amounts are in millions.

YearBDS Revenue (millions)
2022$23,162
2021$26,540
2020$26,257
2019$26,095
2018$26,300
2017$23,938
2016$20,180
2015$23,708
2014$30,881
2013$33,197
2012$32,607
2011$31,976
2010$31,943
2009$33,661
2008$ 32,047 
2007$ 32,052 
2006$ 32,411 
2005$31,105  

Boeing is one of the world’s leading aerospace firms. Its business is divided into four operating segments that include :

  • Commercial Airplanes (BCA);
  • Defense, Space & Security ( BDS );
  • Global Services ( BGS );
  • Boeing Capital ( BCC ).

Boeing’s net revenues from the BDS segment in 2021 was $26,540 million compared to $26,257 million in 2020. Its revenues from the commercial airplanes segment remained $19,493 million in 2021 compared to $16,162 million in 2020. The total net revenues of the company in 2021 remained $62.3 billion compared to $58.16 billion in 2020.

Commercial airplanes are the leading source of revenue for Boeing accounting for almost 57% of its revenue in 2018. Boeing’s revenue from the commerceial airplanes segment increased to $57,499 million in 2018 from $54,612 million in 2017.

Revenue from Defense, space & security, the second largest segment was $26,300 million in 2018 having risen from $23,938 million in 2017. Total revenue of Boeing in 2018 was $101.13 Billion.