Boeing Cuts Almost 700 Jobs At Missouri Defense, Space & Security Division

In a move mirroring that of Airbus Defence and Space, Boeing has issued notices of layoffs to 692 workers at its Defense, Space & Security division. Boeing has been struggling recently with the Boeing 737 MAX fallout and its space sector – including its Starliner space capsule. The space sector is proving challenging for established companies like Boeing as new entrants like SpaceX are upending market segments.

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