Boeing is disbanding its Missiles and Unmanned Airborne Systems division and distributing its duties among other units as demand slows and worldwide defense spending tightens, the Associated Press reports.
The missiles and unmanned planes unit had dedicated finance, human resources and legal staff, according to the AP. Missiles will now be the work of Boeing Military Aircraft's "Global Strike" division. Boeing also will cut down on defense facilities, though it was unclear which facilities would be affected.
Boeing is axing the number of defense executives by 30 percent from 2010 levels, the article said. The last 10 percent of the cuts will come by the year’s end.
Addressing the 3 Biggest BYOD Security Threats
Mobile Apps: New Ways to Connect Government with Citizens
Continuous Monitoring As a Service: A Shift in the Way Government Does Business
Research Report: Powering Continuous Monitoring Through Big Data
JOIN THE DISCUSSION
By using this service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although Nextgov does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.