in ,

Howard Berry: Boeing Eyes New Partnerships, Acquisitions to Meet Growth Target

Howard Berry: Boeing Eyes New Partnerships, Acquisitions to Meet Growth Target - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

Howard Berry: Boeing Eyes New Partnerships, Acquisitions to Meet Growth Target - top government contractors - best government contracting eventHoward Berry, director of global sales and marketing for international government services at Boeing’s global services business, has said the company plans to buy businesses and establish new partnerships in a move to support defense platforms in Europe and Russia and meet its growth target, Defense News reported Friday.

“Today we are about a $16 billion annual business, and our leadership is looking to drive us in the coming five years to be a $50 billion annual business,” Berry told reporters during a media briefing at the Doha International Maritime Defense Exhibition and Conference in Qatar.

He noted that Boeing Global Services aims to support aging systems through maintenance, modifications and upgrades since only 20 percent of military equipment will approach retirement over the next decade.

Boeing Global Services provides engineering, analytics, training, digital aviation and supply chain logistics support services to military and commercial clients.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Jane Edwards

is a staff writer at Executive Mosaic, where she writes for ExecutiveBiz about IT modernization, cybersecurity, space procurement and industry leaders’ perspectives on government technology trends.

Report: Raytheon, Rheinmetall Seek to Offer Germany Integrated Air Defense System - top government contractors - best government contracting event
Report: Raytheon, Rheinmetall Seek to Offer Germany Integrated Air Defense System
Report: Marine Corps Partners With Industry to Demo Drone Supply Delivery - top government contractors - best government contracting event
Report: Marine Corps Partners With Industry to Demo Drone Supply Delivery