Boeing is not a healthy company it's a deeply sick company with a horrible internal culture. I know because I've spoken with people who work there.

The fact that leadership is focused on extracting profits out of the enterprise is also not a show of strength. It's a demonstration that they're trying to drain whatever value is left in it.

This is pretty much true of any of the American "greats:" Boeing, Intel, GE, GM, Corning. They're producing (or have recently been producing) great profits because they're eating their own seed corn. Nobody expects them to still be the businesses they currently are in another few decades.