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Top Tier Company

Chief Engineer
Current Employee
Has worked at Boeing for 20 years
January 3, 2016
Saint Louis, Missouri
4.0
RecommendsNegative OutlookNo CEO Opinion
Pros

Lots of opportunities for career development if you are just starting out. Plenty of challenging jobs if you are motivated to find them.

Cons

Current downsizing in the defense sector is destabilizing for the company. This happens every 10 to 15 years, with a painful loss of knowledge for a control in costs/salaries. There are very limited opportunities for people who have worked more than 20 years with the company.

Advice to Management

Focus on competitiveness and Compound Annual Growth Rate (CAGR), and less on share buybacks to improve earnings. In a cyclic business, you have to take risks and plan 30 years into the future, not 5.

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