Boeing Launches Defense & Government Services Division for Market Growth
ST. LOUIS, Sept. 22, 2008 -- The Boeing Company [NYSE: BA] today launched a new division within its Integrated Defense Systems (IDS) business designed to better serve customers in the vast services market. The newly established Defense & Government Services will operate as a division of Boeing IDS's Global Services & Support business (formerly Support Systems) unit. Boeing estimates that the defense and government services market is worth approximately $400 billion over the next 10 years.
(Media-Newswire.com) - ST. LOUIS, Sept. 22, 2008 -- The Boeing Company [NYSE: BA] today launched a new division within its Integrated Defense Systems ( IDS ) business designed to better serve customers in the vast services market.
The newly established Defense & Government Services will operate as a division of Boeing IDS's Global Services & Support business ( formerly Support Systems ) unit. Boeing estimates that the defense and government services market is worth approximately $400 billion over the next 10 years.
The 4,400-employee division will be led by Greg Deiter and will include current company subsidiaries Boeing Service Company and Boeing Aerospace Operations.
"We are confident that the Defense & Government Services division will add tremendous value for our customers and grow our business profitably," said Dennis Muilenburg, Global Services & Support president. "Our organization's design, and its services-market strategies, leverage our integration capabilities, our talented people, and the entire Boeing enterprise, with special emphasis on working with Commercial Aviation Services at Boeing Commercial Airplanes. We're already doing work in these markets very successfully, and we want to do more."
Boeing is performing in, or engaged in active proposals for, several service-market areas. Examples include networked technical services such as logistics command and control, satellite operations, launch support, and SBInet maintenance; managed network and communications services such as the Boeing Broadband Satellite Network for the U.S. executive fleet; energy management and integrated facilities management for the U.S. government; and other aviation and logistics services such as field maintenance and modifications, intelligence, surveillance and reconnaissance services, contractor logistics support, field service representatives, and fleet support.
A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $32.1 billion business with 71,000 employees worldwide.###
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