Who Optimizes SG&A Costs Better? The Boeing Company or Curtiss-Wright Corporation

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive aerospace and defense industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Curtiss-Wright Corporation and The Boeing Company have demonstrated contrasting approaches to SG&A optimization. From 2014 to 2023, Curtiss-Wright consistently maintained its SG&A expenses around $430 million, showcasing a stable cost management strategy. In contrast, Boeing's SG&A expenses fluctuated significantly, peaking at over $5 billion in 2023, a 37% increase from its 2015 low. This disparity highlights Boeing's challenges in cost control amidst its expansive operations. Interestingly, Curtiss-Wright's expenses saw a notable increase in 2023, reaching nearly $497 million, suggesting potential strategic investments or operational shifts. As the industry evolves, these companies' ability to optimize SG&A costs will be pivotal in sustaining their competitive edge.