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Loss of contract spurs reshuffling at Boeing satellite. (Up Front).

Publication: Los Angeles Business Journal
Publication Date: 15-APR-02 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Loss of contract spurs reshuffling at Boeing satellite. (Up Front).(Boeing Satellite Systems)(Brief Article)

Article Excerpt
In the wake of losing a $900 million contract earlier this year to help build next-generation communications satellites for the Air Force, Boeing Co. is restructuring its El Segundo manufacturing operation.

Boeing Satellite Systems has undergone a series of changes in management and manufacturing as part of an effort to boost efficiency and productivity at its local unit including 1,000 layoffs, or 11 percent of its 9,000-employee workforce, by the end of May.

Plans for the restructuring have been underway for some time, but losing the contract forced the company to focus more intensely on the changes.

Loss of military contracts is troubling for the Boeing unit because the company is looking for more government business to make up for a slump...

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