Boeing Satellite Biz Looking Up

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By
Muhammed El-Hasan
on March 15, 2011 4:36 PM | | Comments (0) |

That's according to Craig Cooning, who runs Boeing's satellite operation in El Segundo.


WASHINGTON, March 15 (Reuters) - Boeing Co (BA.N) has retooled its satellite business to remove extra costs and become more competitive, allowing it to generate more profits than in the past, a top company executive said on Tuesday.

"We're doing a lot better than we used to," Craig Cooning, chief executive of Boeing Satellite Systems International, told reporters, giving an upbeat assessment of his division's current outlook after less than stellar results in the early to mid-2000s.

Read more on Boeing's satellite business.

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This page contains a single entry by Muhammed El-Hasan published on March 15, 2011 4:36 PM.

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Toyota Factories To Stay Closed Longer is the next entry in this blog.

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Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

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Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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