Boeing will launch its third major business unit on Saturday, when Boeing Global Services begins operating alongside Commercial Airplanes and Defense, Space & Security. The new division concentrates on support of Boeing’s government, space and commercial customers.
Boeing chairman, president and CEO Dennis Muilenburg announced the formation of Global Services in November 2016 to expand Boeing’s share of a global and growing commercial and government services market worth some $2.6 trillion over the next decade, according to Boeing estimates.
“Aerospace services represents one of our biggest growth opportunities for the future,” said Muilenburg. “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.”
Boeing has worked since November to define and structure the new business, which combines the activities of Commercial Aviation Services and Global Services & Support groups. Led by president and CEO Stan Deal, Global Services will concentrate on four main areas, namely supply chain, engineering, modifications and maintenance, digital aviation and analytics and training and professional services.
“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 optimize their operations,” said Deal.