Posted on: February 15, 2018

Boeing's Plano-based division announces deals totaling nearly $1B in value

The Boeing Co. (NYSE: BA) announced several service orders at the Singapore Airshow on Tuesday that, put together, total more than $900 million in value, the company said.

To take a look at what companies the aerospace manufacturer made deals with, check out the slideshow above. Boeing is based in Chicago, but its global services division is headquartered in Plano and led by president and CEO Stan Deal.

"Predicted growth for aerospace services in the Asia Pacific brings opportunities to partner with local industry to understand the region’s greatest needs, invest in new capabilities to meet those needs, and then bring them to market quickly," Deal said in a prepared statement.

The global services division recorded $14.6 billion of Boeing's 2017 revenue. Deal previously told the Dallas Business Journal the business unit wants to be a $50 billion entity within five to 10 years.

The four segments within global services are supply chain; engineering, modifications and maintenance; digital aviation and analytics; and training and professional services. Each segment is represented in the deals announced Tuesday, the company said.

Additional Info...
Facebook Twitter Google Plus Email