Cost of Revenue: Boeing vs. ITT Inc.

In the ever-evolving aerospace and defense industry, understanding cost trends is crucial. From 2014 to 2023, The Boeing Company and ITT Inc. have shown distinct trajectories in their cost of revenue. Boeing, a titan in aerospace, saw its cost of revenue peak in 2015, with a gradual decline of approximately 17% by 2021. This reflects the industry's challenges, including production halts and global disruptions. Meanwhile, ITT Inc., a key player in engineering and manufacturing, experienced a steady increase, with costs rising by about 22% from 2014 to 2023. This growth underscores ITT's expanding operations and market reach. Notably, 2024 data for ITT is missing, hinting at potential shifts. These trends offer a window into the strategic maneuvers of these giants, highlighting resilience and adaptation in a competitive landscape.