Boeing Defense Chief Considering Bolt-on M&A to Bolster Sales

  • Service-sector acquisitions are one likely target, Caret says
  • Planemaker is planning for eventual retirement of F/A-18, F-15
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Boeing Co. is considering smaller acquisitions that it could “bolt on” to the defense division to boost revenue, particularly in the services sector, Leanne Caret, the unit’s chief executive officer, told reporters Sunday.

Caret wants to make Boeing the market leader in six areas: commercial derivatives such as its aerial refueling tanker built from modified 767 jetliners, rotor craft, autonomous vehicles, satellites, services and human space flight.