By Boeing [BA] has completed its acquisition of Millennium Space Systems, providing an expansion of its existing satellite portfolio to compete for growing military interest in developing satellites faster at a much lower cost.Under the acquisition, Millennium will retain an independent operating model as a subsidiary within Boeing’s Phantom Works division. A representative for Boeing has confirmed that the company does not anticipate any executive leadership or location changes for Millennium after closing the acquisition. Millennium CEO Stan Dubyn will report…
Boeing Closes Acquisition of Millennium Space Systems
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