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Boeing Space Competing For $14 Billion Of Contracts; Backlog Of Existing Work $6 Billion To $7 Billion; Boeing Consulting Lawmakers On GOES-R Funding

The Boeing Co. [BA] currently is competing for about $14 billion worth of additional satellite/space-related business, an area that already generates $3.2 billion of annual revenues, according to Craig Cooning, vice president and general manager of Boeing Space and Intelligence Systems. New contracts would add to an existing backlog of about $6 billion to $7 billion, he said. Cooning also was asked about another program where Boeing has a presence, the Geostationary Operational Environmental Satellite-R Series constellation of satellites, poised…

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Congress Updates

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