Boeing - expenditures on research and development projects 2001-2018

Boeing’s research and development costs were around 3.3 billion U.S. dollars in 2018. The level of research and development expenditure was highest for the Boeing Company in 2016 and ahead of the 787 Dreamliner jet family launch. The Dreamliner is one of the company’s most important model families, trailing only the 737 series.

R&D a key factor in aerospace industry

Research and development efforts are vitally important in the aerospace industry. Boeing is constantly competing for orders with rival Airbus. Without investing in new innovations, either company would be left behind. As a result of the Dreamliner's success, Airbus rolled out the A350 model.

After Boeing's worst quarter in history, the jet manufacturer is expected to incur additional research and development costs to redesign the 737. This will be necessary in order to comply with new safety standards resulting from 737 problems that led to two fatal crashes in 2018 and 2019.

Boeing's R&D expenditures from FY 2001 to FY 2018

Expenditures in million U.S. dollars
20183,269
20173,179
20164,626
20153,331
20143,047
20133,071
20123,298
20113,918
20104,121
20096,506
20083,768
20073,850
20063,257
20052,205
20041,879
20031,651
20021,639
20011,936
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Source

Release date

2019

Region

Worldwide

Survey time period

FY 2001 to FY 2018

Supplementary notes

The figures from FY 2001 through FY 2015 were taken from previous annual reports.

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