expected. Conversely, defense, intelligence and noncommercial space markets remain strong, with significant growth expected in several key areas. In 1996, Boeing adopted a new strategy. The new CEO wanted to excel in all principal aerospace markets to reduce dependence on the cyclical commercial airplane market. They set out to create a diversified aerospace company. And through a series of mergers and acquisitions of key defense and space businesses felt that they had accomplished that task.…
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