Boeing’s takeover of satellite firm further consolidates space defense industry

Aerospace manufacturer Boeing has completed its takeover of satellite firm Millennium Space Systems, further consolidating space-related defense industrial firms as US President Donald Trump pushes forward with the new Space Force branch of the US military.

Boeing, which manufactures everything from passenger airliners to US Air Force bombers, completed its acquisition of Millennium Space Systems, a satellite manufacturer that builds small orbital platforms like those that will be transported by the new "Phantom Express" space plane that Boeing is building for the US Defense Department.

Knowledge of the deal's details is sparse: no price has been announced, but the firm's 260 employees will now report to Mark Cherry, head of Boeing's Phantom Works product-development unit in its Defense, Space and Security Division, the Washington Examiner reported Tuesday. When the takeover was announced on August 16, Boeing's stock shot up by 4.3 percent, the Examiner noted.

The acquisition is part of a larger, multi-pronged effort directed by the US government to consolidate and streamline the industry.

On May 24 of this year, the Commerce Department announced it would combine several existing offices into a new office called the Space Policy Advancing Commercial Enterprise (SPACE) Administration. In a New York Times op-ed published the following day, US Commerce Secretary Wilbur Ross wrote that the aim of the SPACE Administration would be to improve regulation of the space industry by combining functions spread across several agencies.

Ross said the SPACE office would "oversee coordination of the department's commercial space activities, establishing a ‘one-stop shop' to work on behalf of the budding private space sector.

The El Segundo-based satellite firm builds high-performance satellites weighing from 50 to 6,000 kilograms, the smaller side of which is increasingly favored by Washington, as big, heavy satellites are both pricey and resistant to update and replacement, as well as vulnerable to enemy attack, Sputnik reported. It's also the size that Boeing's spaceplane, the Phantom Express, is expected to transport to the heavens.

The Phantom Express is Boeing's answer to the reusable launch vehicles being pioneered by space firms firms like SpaceX and Blue Origin. Expected to fly for the first time in 2021, the plane's rocket engine was successfully tested at NASA's Stennis Space Center from June 26 to July 6.

Phantom Express is being produced by Boeing on a contract by the Pentagon's Defense Advanced Research Projects Agency (DARPA). With the space shuttle having ended operations in 2011, the military needs a new reusable space plane that can launch 10 small satellites 10 times in 10 days, the LA Times reported.

To save money, Boeing is building the plane from parts made out of composite materials used to manufacture its commercial aircraft, such as the 787 passenger airliner, as well as parts from the original space shuttle. The Phantom Express will, like the shuttle, launch vertically like a rocket and then land like a normal plane.

The Times noted the spacecraft is only expected to lift satellites weighing up to 1,360 kg into orbit, which disqualifies it from transporting the large geostationary satellites used for GPS navigation and spying. By comparison, the space shuttle could lift 22,600-kg loads, which is how huge devices like the 10,800-kg Hubble Space Telescope were put into Earth orbit.

Sputnik

Other News

Vietnam targets at least 10 large strategic technology firms by 2030

Vietnam targets at least 10 large strategic technology firms by 2030

Deputy Prime Minister Ho Quoc Dung has signed a decision approving a plan to develop large domestic strategic technology enterprises in the 2026–2030 period, aimed at advancing digital infrastructure, digital human resources, digital data, strategic technologies and cybersecurity.

Protecting users crucial in building digital trust: Experts

Protecting users crucial in building digital trust: Experts

In Vietnam, digital transformation in the finance and banking sector is accelerating cashless payments, expanding access to financial services, improving market transparency and supporting economic growth and macroeconomic management.

Fostering skilled workforce for innovation era: experts

Fostering skilled workforce for innovation era: experts

Experts said close coordination among State management agencies, research institutes, universities, and businesses will improve training quality and serve the dual goals of quality education and practical research application.

Startup forum bridges Silicon Valley and local innovation ecosystem

Startup forum bridges Silicon Valley and local innovation ecosystem

The University of Economics Ho Chi Minh City (UEH), Saigon Asset Management (SAM), and Plug and Play Tech Centre co-hosted the “From Vietnam to Silicon Valley” forum, exploring AI innovation, venture capital, and pathways to integrate Vietnam’s startup ecosystem with Silicon Valley and global markets.

Experts call for stronger action against fake news online

Experts call for stronger action against fake news online

Experts have warned that fake news, misinformation and harmful online content are increasingly shaping public perceptions, particularly among young people, and stressed the need for stronger legal safeguards, technology tools and wider dissemination of credible information to tackle the problem effectively.

Protecting digital future in post-quantum, AI era

Protecting digital future in post-quantum, AI era

Participants highlighted the importance of building a proactive, synchronised and sustainable national cybersecurity ecosystem through closer cooperation among regulators, technology firms, research institutions and cybersecurity experts.

Vietnam attends SAHA 2026 defence, aerospace exhibition in Türkiye

Vietnam attends SAHA 2026 defence, aerospace exhibition in Türkiye

Vietnam’s participation in SAHA 2026 International Defence & Aerospace Exhibition in Istanbul reflects the country’s consistent policy of enhancing international defence integration and promoting defence industry cooperation towards self-reliance, self-strengthening, modernisation and dual-use development.

SK Group partners to build AI ecosystem in Vietnam

SK Group partners to build AI ecosystem in Vietnam

SK Innovation and SK Telecom signed MoUs with Nghe An province and the National Innovation Centre of Vietnam to advance AI ecosystem development and support the country’s long-term growth strategy.

Vietnam Research Excellence Fellowship for 2026-2030 approved

Vietnam Research Excellence Fellowship for 2026-2030 approved

Under the Vietnam Research Excellence Fellowship (VREF) for the 2026–2030 period, PhD students are identified as a core research force directly contributing to breakthroughs in sci-tech and innovation. Investing in top-tier doctoral candidates is more than workforce development, but a high-stakes strategic bet to forge a cohort of world-class scientists and technologists who can power Vietnam’s long-term economic ambitions.