Report: Boeing exploring sale of space business

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Topic: Report: Boeing exploring sale of space business

SpaceAholic
Member

Posts: 5403
From: Sierra Vista, Arizona
Registered: Nov 1999

posted 10-28-2024 10:24 AM

Boeing is exploring a possible sale of its space business as its new CEO seeks to improve the company's financial position, the Wall Street Journal reported.

The company is weighing a divestiture of its NASA business, including the problem-plagued Starliner vehicle, the newspaper reported, citing people familiar with the matter.
Asked for a response, a Boeing spokesperson told AFP the company "doesn't comment on market rumors or speculation."
Chief Executive Kelly Ortberg, who joined Boeing in August, said earlier this week he was reviewing company operations with an eye towards narrowing Boeing's profile. ...
Although he did not indicate plans to scale back Boeing's space program, Ortberg pointed to commercial planes and defense as "core" products that "will always stay with the Boeing company."

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