Boeing Could Sell Space Business to Blue Origin
While Boeing’s past in the space industry is undeniable, it’s the company’s present and future that’s the problem. Most notably, the aerospace giant’s cash issues have the company looking to raise $19 billion in a stock offering while still pursuing other sources of revenue. The company lost $6 billion in the third quarter and has already begun selling off assets, like the deal that sent small defense subsidiary, Digital Receiver Technology, to Thales Defense & Security last week.
Source: Boeing Could Sell Space Business to Blue Origin | Manufacturing.net