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Dubai News Club > Tech > Boeing reportedly considers selling off its space business
Tech

Boeing reportedly considers selling off its space business

Press Room
Last updated: 2024/10/25
Press Room
Published: October 25, 2024
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Kelly Ortberg, who took over as Boeing CEO in August, is weighing the sale of the company’s space division as part of an attempt to turn things around, according to a report from The Wall Street Journal. The plans, which are reportedly at an early stage, could involve Boeing offloading the Starliner spacecraft and its projects supporting the International Space Station.

“We’re better off doing less and doing it better than doing more and not doing it well,” Ortberg said during an…

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