According to a report by Kelly Ortberg, who took over as CEO of Boeing in August, is considering selling the company's space division as part of an attempt to turn things around The Wall Street Journal. The plans, which are reportedly still in early stages, could include Boeing unloading the Starliner spacecraft and its projects supporting the International Space Station.
“We are better off doing less and doing it better than doing more and not doing it well,” Ortberg said during an earnings conference call this week. “It is clear that our core commercial aircraft and defense systems business will remain with The Boeing Company for the long term. But there are probably some things on the sidelines that we can deal with more efficiently or that distract us from our main goal here.”
However, sources report this WSJ that Boeing will likely continue to oversee the Space Launch System, which will eventually help bring NASA astronauts back to the moon. The company will also reportedly stick with its commercial and military satellite businesses.