Boeing is looking to jettison the space business. Why it might hold on to its El Segundo satellite operation

  • 📰 latimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 82%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

Analysts expect that struggling Boeing Co. will hold on to its El Segundo satellite programs if it exits the space industry amid stiff competition from SpaceX.

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 satellite operations on the table.

'It's still a good business but it's going to be diminished, because it really is these big, mega constellation systems that are the future,' he said. In 2018, Boeing acquired a maker of small satellites called Millennium Space Systems, which also is based in El Segundo and whose operations have been partially integrated with the company's existing plant. The company has received U.S. defense contracts for satellites to detect new threats such as hypersonic missiles.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 11. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Amazon: Why Analysts Think It's a Solid Buy Ahead of EarningsStocks Analysis by MarketBeat.com (Sam Quirke) covering: S&P 500, Alphabet Inc Class A, Apple Inc, Amazon.com Inc. Read MarketBeat.com (Sam Quirke)'s latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »