Boeing Considers Sale of Space Business

Investing.com — Boeing Co (NYSE:BA) is contemplating the sale of its space business, including its NASA operations and the Starliner space vehicle, to streamline operations and improve cash flow. This decision, reported by The Wall Street Journal citing unnamed sources, is part of new CEO Kelly Ortberg's strategy to simplify the company and fortify its financial position amidst ongoing challenges.

However, discussions are still in the preliminary stages and may not lead to an actual sale.

In recent trading, Boeing's stock remained relatively unchanged.