CHARLOTTE, N.C. (
) -- When
(BA - Get Report)
reports earnings on July 27, the focus, as usual, will center on the company's commercial airplanes division.
After all, commercial airplanes, visible at every major airport in the world, have created one of the world's best known and most successful companies.
But in fact, exactly half of the company is defense-oriented.
In 2010, for example, Boeing revenues totaled $64.3 billion, including $31.8 billion from commercial airplanes and $31.9 billion from defense, space and security. Earnings from operations totaled $5 billion, including $3 billion from commercial airplanes and $2.9 billion from defense, space and security.
While Boeing Commercial Airlines is based in Everett, Wash., Boeing Defense, Space and Security sits near St. Louis, formerly the headquarters of
, which merged with Boeing in 1997. The division has major operations in California and Washington as well as St. Louis.
Typically, the methodology of Boeing and other defense contractors is to develop products for the U.S. military, because the U.S. spends as much on defense as the entire rest of the world combined. Once those products are developed, they can be refined and marketed to international customers including -- in the case of the Chinook helicopter -- civilian customers.
Read on for Boeing's top six military products.