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Business/Financial

Boeing To Headquarter New Services Segment In Texas

By Cal Biesecker

Wednesday, April 5th, 2017

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Boeing To Headquarter New Services Segment In Texas

Stan Deal, president and CEO of Boeing Global Services. Photo: Boeing

Boeing [BA] on Wednesday said it will headquarter its new global services segment in Plano, Texas, near Dallas, adding that the business will be operational in July.Boeing last November said it would create a separate operating segment for most of its current commercial and defense services business, with aspirational plans to triple revenue from this work to about $50 billion annually over the next five to 10 years. Consolidating its services work will create more focus on the growing global…

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