Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
Muilenburg started off by saying that the nature of the aerospace business has fundamentally changed, and there's traffic growth all around the globe with millions more people traveling than in years past. In Asia alone, 100 million people will fly for the first time this year, he said, and Boeing will make 750 new commercial planes this year to help meet that demand.
Boeing has more than 5,700 planes in its backlog, representing half a trillion dollars, or seven years' worth, if you include the company's defense business.
Muilenburg was bullish on President Trump and on tax reforms, saying that tax cuts will unleash a ton of economic energy and Boeing can't wait to use the savings to further innovation.
Cramer asked about our chances of going to Mars during our lifetime. Muilenburg said that Boeing's next-generation rocket, which towers 36 stories tall, is being assembled and will see test flights in 2019. The first person that lands on Mars will get there on a Boeing rocket, he said.
Boeing has a long history of doing big, complex projects that change the world, and that will include vehicles for trips to the International Space Station, the moon and eventually all the way to Mars. That's part of the reason why the Boeing plans to invest $6 billion in research and development next year.
Boeing is also expanding its services footprint. Muilenburg said services were $15 billion this year but will be growing to $50 billion in the coming years.
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