Boeing Is Looking to Jettison the Space Business. Why It Might Hold On to Its California Satellite Operation
Maria Simulescu
With its manufacturing practices under scrutiny, its machinists on strike and losses piling up, Boeing is said to be considering selling parts of its fabled space business. But few industry analysts think Boeing will put its extensive El Segundo, California, satellite operations on the table. New Boeing Chief Executive Kelly Ortberg said during a recent earnings call that the aerospace giant was considering shedding assets outside of the company's core commercial aviation and defense businesses,
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