Boeing is reportedly considering selling its aerospace business

Kelly Ortberg, who took over as CEO of Boeing in August, is considering selling the aerospace company as part of a turnaround effort, according to reports. The Wall Street Journal. These plans, which are reportedly still in the early stages, could include Boeing launching the Starliner spacecraft and its projects supporting the International Space Station.

“It’s better to do a little and do it well than to do a lot and not do it well,” Ortberg said during an earnings call this week. “Obviously, our core commercial aircraft and defense systems will remain with the Boeing Company for a long time. But maybe there are things at the edges where we can work well or that distract us from our main goal here.”

However, sources say The WSJ that Boeing will likely continue to oversee the Space Launch System, which will eventually help return NASA astronauts to the Moon. It is reported that it is also expected to hold on to its commercial and military businesses.