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Business/Financial

Boeing Adds New Unit To Defense Segment To Focus On Affordability Of Development Programs

By Cal Biesecker

Wednesday, February 11th, 2015

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Boeing Adds New Unit To Defense Segment To Focus On Affordability Of Development Programs

Artist rendering of Boeing's KC-46 aerial refueling tanker being developed for the Air Force. Boeing Image.

With cost and schedule performance in mind, Boeing [BA] on Wednesday said it is reorganizing its defense segment by consolidating key defense and space development programs in a new unit.The Boeing Defense, Space & Security (BDS) segment will now include the new Development unit in addition to the current business units, Military Aircraft, Network & Space Systems, and Global Services & Support (GS&S).Boeing said six programs will initially be part of BDS Development, including the Air Force KC-46 aerial refueling…

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