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-9.55929070640281E-05 -0.000181366603130542 -0.000389880436666063 -0.000160861780165199 4.3897649165511E-05 0.000404320452839032 -0.000808640905677736 -0.000808640905677736
Stock impact report

Boeing to acquire El Segundo small-satellite maker Millennium Space Systems [Los Angeles Times (CA)]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Boeing to acquire El Segundo small-satellite maker Millennium Space Systems Aerospace giant Boeing Co. said Thursday it will acquire Millennium Space Systems of El Segundo, a maker of small satellites, in the latest indication that tiny spacecraft are upending the industry. Boeing is already well known for its work in assembling school bus-sized satellites in its El Segundo facility. Once the deal closes, which is expected by the third quarter, Millennium Space Systems will become a Boeing subsidiary and will report to the general manager of the company’s Phantom Works research division. Financial terms of the deal were not disclosed. Millennium Space Systems’ expertise in small-satellite development “perfectly complements Boeing’s existing satellite portfolio and will allow us to meet the needs of a diverse customer set,” Leanne Caret, chief executive of Boeing’s defense, space and security sector, said in a statement Thursday. Millennium Space Systems was founded in 2001 and develop Show less Read more
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