Subscribe Free
in Space

Boeing to acquire Millennium Space Systems

Posted 20 August 2018 · Add Comment

Boeing will acquire Millennium Space Systems, a provider of agile, flight-proven small-satellite solutions, under an acquisition agreement that will expand Boeing's satellite and space portfolio, talent and capabilities.

 

"Millennium Space Systems' expertise in vertically-integrated small-satellite solutions perfectly complements Boeing's existing satellite portfolio, and will allow us to meet the needs of a diverse customer set," said Leanne Caret, president and CEO of Boeing Defense, Space & Security. "We look forward to incorporating Millennium Space Systems' end-to-end mission solution capabilities into our service offerings in satellite operations and data solutions."

Millennium Space Systems was founded in 2001 and is based in El Segundo, Calif. With approximately 260 employees, the company has developed high-performance satellites for exacting missions ranging from 50 KG to more than 6,000 KG.

"I am proud of the talented and dedicated team we've built at Millennium Space Systems over the past 17 years," said Stan Dubyn, CEO of Millennium Space Systems. "By combining our tools, talent, technologies and culture, we'll be able to do even more incredible things as part of Boeing."

The acquisition, which is subject to customary conditions, is expected to close by the end of third quarter 2018. Once finalised, Millennium Space Systems will become a Boeing subsidiary, operating under its current business model and reporting to Mark Cherry, vice president and general manager of Phantom Works.

* required field

Post a comment

Other Stories
Advertisement
Latest News

GoAir launches new flights from Mumbai and Delhi to Abu Dhabi International Airport

Abu Dhabi Airports has welcomed GoAir’s launch of two new daily flights, the first between Mumbai International Airport (BOM) and Abu Dhabi, and the second to Delhi International Airport (DEL).

Etihad Engineering welcomes future scientists

Etihad Engineering welcomed a group of 15 students from the UAE’s Future Scientists initiative for a comprehensive tour of its 500,000sqm state-of-the-art engineering facilities, located in Abu Dhabi.

Abu Dhabi Airports conduct full-scale operational trials at Midfield Terminal Complex

Abu Dhabi Airports has conducted an intermediate full operational trial of the Midfield Terminal Complex (MTC), as a part of the continuing development of the state-of-the-art Terminal Complex, and the ongoing Operational Readiness

Gulf Air invest in local workforce

Gulf Air said it remains committed to invest in its Bahraini workforce and their career development by providing opportunities for Bahraini nationals to take over senior positions in the company.

Bose launches new Bose ProFlight Series 2 Aviation Headset

Bose’s latest headset designed for corporate jet and commercial aircraft pilots was unveiled at Oshkosh today.

Ninety years since Bastié became the first woman to set an aviation world record

Ninety years ago, on 28 July 1929, the French aviator Maryse Bastié made history when she became the first ever female pilot to set an aviation world record.

TAA SK0907311219
See us at
DIAC19_BT264161119MEBCONBT1607240919MEBAAMORBT2006260919Dubai AS BT2006211119