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Boeing seals the deal on its acquisition of Millennium Space’s satellite operation

25 Sep 2018, 17:49 UTC
Boeing seals the deal on its acquisition of Millennium Space’s satellite operation
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An artist’s conception shows Millennium Space Systems’ Altair satellite. (Millennium Illustration)
News Brief: As promised, Boeing has completed its acquisition of California-based Millennium Space Systems, a provider of small-satellite solutions. Millennium, which has about 260 employees, will operate as a subsidiary of Boeing Phantom Works. When the acquisition plan was announced in August, Boeing said it’d be completed by the end of September. Terms of the deal were not disclosed. Millennium thus joins other subsidiaries including Insitu (which builds fixed-wing drones), Aurora Flight Sciences (focusing on vertical takeoff-and-landing aircraft), Liquid Robotics (undersea drones), Jeppesen (flight support software and charts) and Aviall (aerospace parts).

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