Friday, January 8, 2010

Boeing IDS to be reshuffled and renamed BDS

The defense side of Boeing, known as Integrated Defense Systems (IDS) will be undergoing organizational and operational changes in order to reposition itself to capture new revenue streams.  The new unit will be renamed Boeing Defense, Space & Security (BDS).  The changes were announced by Dennis Muilenberg, president and CEO of the new BDS unit, at a Boeing Leadership meeting in Indian Wells, CA.  This is a response to the fact that defense budgets will either level off or more likely shrink in the coming years because of the new administration's shifting priorities.  As such, Boeing will have to transform itself from being just a conventional defense unit providing military aircraft and weaponry.  Some of the new markets Boeing hopes to capture with this realignment include: cyber security, unmanned systems, energy, intelligence, C4ISR, and logistics.

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