Boeing has intensified its investment in advanced space technology under CEO Dennis Muilenburg, 54, an engineer by training and the rare Fortune 50 CEO who is a company lifer. Photo: BloombergChicago: Boeing Co. chief executive officer (CEO) Dennis Muilenburg highlighted the company’s deep roots in space exploration with a playful jab at up-and-comer Elon Musk. The aerospace titan doesn’t plan to launch cars into the heavens anytime soon, Muilenburg said at a Politico Space Forum. The CEOs are training their sights on travel to Mars, as well, in what could become the ultimate space race. Boeing is a subcontractor for the Space Launch System, a new, government-funded rocket family.

Source: Mint April 13, 2018 12:45 UTC