logo
welcome
Los Angeles Times

Los Angeles Times

Boeing is looking to jettison the space business. Why it might hold on to its El Segundo satellite operation

Los Angeles Times
Summary
Nutrition label

84% Informative

Boeing is said to be considering selling parts of its fabled space business.

But few analysts think Boeing will put its extensive El Segundo satellite operations on the table.

Analyst: "There's no reason for Boeing to get out anytime soon" Boeing raised $21 billion in a stock sale this week to shore up its balance sheet.

The space industry has been rife with speculation about who might acquire ULA .

Jeff Bezos' Blue Origin space company has been rumored as a possible buyer.

But no deal has emerged, possibly because the price is too high, expert says.

ULA 's reliability, shortage of launch vehicles and technical advances means it can still attract business, she says.