Aerospace Group:

Business/Financial

Despite Difficult Budget Climate, Muilenburg Sees Solid Base of Opportunities

Tuesday, June 18th, 2013

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Despite the squeeze being felt domestically in defense spending, the global market of opportunities for defense and space products and services remains sizable, but affordability and program execution will be critical for Boeing [BA] to meet margin targets and win and maintain business, the head of the company’s defense business says. Boeing estimates that its potential defense and space market is worth $2.9 trillion between 2012 and 2021, with critical opportunities both domestically and internationally, Dennis Muilenburg, president and CEO…

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