Boeing Reportedly Explores Sale of Portions of its Space Business: Report
By Fox Business // October 30, 2024
Boeing considers ways to streamline its operations
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BREVARD COUNTY, FLORIDA (FOX BUSINESS) – Aerospace giant Boeing is reportedly exploring the sale of some portions of its space business as it considers ways to streamline its operations.
The Wall Street Journal reported Friday, citing people familiar with the matter, that Boeing is considering selling portions of its NASA business, including its troubled Starliner space vehicle and operations that support the International Space Station.
The potential divestment would exclude the Boeing unit that’s building NASA’s Space Launch System, as well as its commercial and satellite businesses, the Journal reported.
“Boeing doesn’t comment on market rumors or speculation,” a Boeing spokesperson told FOX Business.
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