-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 dIqlCk5NHrYMlj+ZYk2NbA==

<SEC-DOCUMENT>0001137638-03-000186.txt : 20030829
<SEC-HEADER>0001137638-03-000186.hdr.sgml : 20030829
<ACCEPTANCE-DATETIME>20030829133011
ACCESSION NUMBER:		0001137638-03-000186
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030828
FILED AS OF DATE:		20030829

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BOEING CO
		CENTRAL INDEX KEY:			0000012927
		STANDARD INDUSTRIAL CLASSIFICATION:	AIRCRAFT [3721]
		IRS NUMBER:				910425694
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 3707 MS 1F 31
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98124
		BUSINESS PHONE:		2066552121

	MAIL ADDRESS:	
		STREET 1:		100 N RIVERSIDE PLZ
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BOEING AIRPLANE CO
		DATE OF NAME CHANGE:	19730725

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PALMER JAMES F
		CENTRAL INDEX KEY:			0001013088
		STANDARD INDUSTRIAL CLASSIFICATION:	AIRCRAFT [3721]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-00442
		FILM NUMBER:		03873505

	BUSINESS ADDRESS:	
		STREET 1:		BOEING CO
		STREET 2:		500 NACHES AVENUE SW M/C 6Y-10
		CITY:			RENTON
		STATE:			WA
		ZIP:			98055
		BUSINESS PHONE:		4253937007
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>pal603.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
	<periodOfReport>2003-08-28</periodOfReport>
	<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000012927</issuerCik>
        <issuerName>BOEING CO</issuerName>
        <issuerTradingSymbol>BA</issuerTradingSymbol>
	</issuer>
	<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001013088</rptOwnerCik>
            <rptOwnerName>PALMER JAMES F</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>100 N. RIVERSIDE PLAZA</rptOwnerStreet1>
            <rptOwnerStreet2>M/C 5003-1001</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60606</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
			<isDirector>0</isDirector>
			<isOfficer>1</isOfficer>
			<isTenPercentOwner>0</isTenPercentOwner>
			<isOther>0</isOther>
			<officerTitle>Sr. VP, Pres. BCC</officerTitle>
		</reportingOwnerRelationship>
	</reportingOwner>
	<derivativeTable>
		<derivativeTransaction>
			<securityTitle>
				<value>Deferred Compensation Units</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>0.00</value>
				<footnoteId id="F1"/>
			</conversionOrExercisePrice>
			<transactionDate>
				<value>2003-08-28</value>
			</transactionDate>
			<deemedExecutionDate>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>A</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
			</transactionCoding>
			<transactionAmounts>
				<transactionShares>
					<value>57.36</value>
					<footnoteId id="F2"/>
				</transactionShares>
				<transactionPricePerShare>
					<value>36.54</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>A</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<exerciseDate>
				<footnoteId id="F4"/>
			</exerciseDate>
			<expirationDate>
				<footnoteId id="F4"/>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>57.36</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>47794.20</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>I</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value>Deferred Compensation Stock Program</value>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeTransaction>
		<derivativeTransaction>
			<securityTitle>
				<value>Deferred Compensation Units</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>0.00</value>
				<footnoteId id="F1"/>
			</conversionOrExercisePrice>
			<transactionDate>
				<value>2003-08-28</value>
			</transactionDate>
			<deemedExecutionDate>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>A</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
			</transactionCoding>
			<transactionAmounts>
				<transactionShares>
					<value>14.34</value>
					<footnoteId id="F3"/>
				</transactionShares>
				<transactionPricePerShare>
					<value>0</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>A</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<exerciseDate>
				<footnoteId id="F4"/>
			</exerciseDate>
			<expirationDate>
				<footnoteId id="F4"/>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Common</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>14.34</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>47808.54</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>I</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value>Deferred Compensation Stock Program</value>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeTransaction>
	</derivativeTable>
	<footnotes>
		<footnote id="F1">Phantom stock units are convertible into common stock on a 1-for-1 basis.</footnote>
		<footnote id="F2">Phantom stock units acquired under the Company's Deferred Compensation Plan through salary deferral.</footnote>
		<footnote id="F3">Company match of phantom stock units allocated to the reporting person's account under the Company's Deferred Compensation Plan.</footnote>
		<footnote id="F4">Phantom stock units acquired by reporting person pursuant to the Company's Deferred Compensation Plan.  Units are payable in stock or cash following termination for retirement, death, disability or layoff.  Company match contributions are forfeited upon termination for any reason other than retirement, death, disability or layoff.</footnote>
	</footnotes>
	<remarks>
	</remarks>
	<ownerSignature>
		<signatureName>By: /s/ Meghan Gillette, Attorney-in-Fact</signatureName>
		<signatureDate>2003-08-22</signatureDate>
	</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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