Boeing launches global services business unit
Boeing has launched its global services unit, which will operate alongside its commercial airplanes, and defence, space and security divisions.
This unit, called Boeing Global Services, will focus on government, space and commercial customers worldwide.
Last November, Boeing chairman, president and CEO Dennis Muilenburg announced the company's plan to launch Global Services as part of its strategy to expand its share in global commercial and government services market, which is estimated to be worth $2.6tn over the next ten years.
Muilenburg said: "Aerospace services represents one of our biggest growth opportunities for the future.
"Standing up Global Services will accelerate our capabilities across all Boeing services and support areas, from our traditional parts, modifications and upgrades business to strengthening our data analytics and information-based offerings. Our services expertise, the global reach of our business, and our strong customer partnerships have us well-positioned to compete and win in this important sector."
Since last November, Boeing has been working to structure the new business.
Led by president and CEO Stan Deal, the new unit combines core capabilities of the company's former commercial aviation services, and global services and support groups.
Global Services, which is based in Dallas, Texas, is expected to bring innovative service solutions to customers in areas such as supply chain, engineering, maintenance and training.
Deal said: "We've been talking with our customers over the past few months as we've prepared for this transition, and tomorrow, they can begin to see the value of this dedicated services unit that allows us to deliver agile, cost-competitive solutions so they can reduce costs, drive efficiency and ultimately optimise their operations."