Aerospace Group:

Business/Financial

Boeing To Headquarter New Services Segment In Texas

By Cal Biesecker

Wednesday, April 5th, 2017

SHARE:

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…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]