- Boeing Co. has been considering selling at least two of its defense businesses amid its significant crisis, with financial advisers reaching out to potential buyers for smaller units, sources familiar with the matter revealed. This exploration, ongoing for about a year prior to the recent accident drawing intense scrutiny, involves assets such as Boeing’s Digital Receiver Technology Inc. unit, known for products in government intelligence and defense, as well as certain defense programs within its global services division.
- Although the divestment of its Argon ST subsidiary, specializing in military command and control systems, surveillance, and reconnaissance, was previously explored, the process is currently paused, according to one source.
Why it matters
The company is also assessing possibilities regarding its ownership in United Launch Alliance (ULA), a rocket-launch collaboration with Lockheed Martin Corp., according to sources.