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Left: Harry C. Stonecipher,
Vice Chairman
Right: Philip M. Condit,
Chairman and
Chief Executive Officer    
Left: Harry C. Stonecipher,
Vice Chairman
Right: Philip M. Condit,
Chairman and
Chief Executive Officer
 
Message to Shareholders
  
Growing Businesses
To Protect and
Connect the World
For many people, 2001 brought a new paradigm. They are saying, it’s not about growth, but survival. It’s not about taking risks, but avoiding them. It’s not about making your destiny, but making excuses.
Does this describe today’s Boeing? Absolutely not. We totally reject that viewpoint.
This is a very different company. Today’s Boeing is tough, competent, disciplined and well-managed. Above all, this company is strongly focused on increasing shareholder value. The way to do that is to provide exceptionally high returns, and do so consistently — through good times and bad, on the downside of a cycle as well as the upside and in the face of sudden adversity.
That is the test in front of us today. We do not shrink from it. In a real sense, we have been getting ready for this challenge since 1996. That is when, as a new CEO, I set out a 20-year vision for Boeing that would define the company when it reached its 100th anniversary in 2016. That vision led us to build a broader, more balanced portfolio of aerospace businesses. A portfolio of businesses that could connect and protect the world.
Some things changed and some didn’t on September 11. It shocked and angered us to see products we had built to connect people for peaceful purposes used for acts of terror and destruction. Many nations joined the United States in waging war against terrorism. Boeing products — fighter aircraft, smart bombs, missiles, helicopters, heavy airlift, in-flight refueling tankers and satellites — were deployed to protect the peace.
 
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