STOCK TITAN

Millennium Space Systems Names Tony Gingiss as CEO

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Millennium Space Systems, a Boeing Company [NYSE: BA], has appointed Tony Gingiss as its new CEO effective December 9, 2024. With over 30 years of experience in space industry leadership, Gingiss previously held key positions at Terran Orbital, Virgin Orbit, and Airbus OneWeb Satellites. He will lead Millennium's 1,000-employee team, overseeing programs including FOO Fighter, Missile Track Custody, and TRACERS.

The appointment aims to scale operations and drive business growth while maintaining current commitments. Gingiss, who holds degrees from Purdue University and MIT, will focus on expanding national security space missions and increasing small satellite production capacity to meet growing customer demands.

Millennium Space Systems, una società del gruppo Boeing [NYSE: BA], ha nominato Tony Gingiss come nuovo CEO a partire dal 9 dicembre 2024. Con oltre 30 anni di esperienza nella leadership dell'industria spaziale, Gingiss ha ricoperto in precedenza ruoli chiave presso Terran Orbital, Virgin Orbit e Airbus OneWeb Satellites. Dirigerà il team di Millennium, composto da 1.000 dipendenti, supervisando programmi come FOO Fighter, Missile Track Custody e TRACERS.

Questa nomina ha l'obiettivo di scalare le operazioni e guidare la crescita dell'azienda mantenendo al contempo gli impegni attuali. Gingiss, che ha conseguito lauree presso la Purdue University e il MIT, si concentrerà sull'espansione delle missioni di sicurezza nazionale nello spazio e sull'aumento della capacità di produzione di piccoli satelliti per soddisfare la crescente domanda dei clienti.

Millennium Space Systems, una empresa de Boeing [NYSE: BA], ha designado a Tony Gingiss como su nuevo CEO, efectivo a partir del 9 de diciembre de 2024. Con más de 30 años de experiencia en liderazgo en la industria espacial, Gingiss ha ocupado posiciones clave en Terran Orbital, Virgin Orbit y Airbus OneWeb Satellites. Dirigirá el equipo de Millennium, compuesto por 1,000 empleados, supervisando programas como FOO Fighter, Missile Track Custody y TRACERS.

El nombramiento tiene como objetivo escalar las operaciones y propulsar el crecimiento del negocio, manteniendo a su vez los compromisos actuales. Gingiss, quien posee títulos de la Universidad de Purdue y del MIT, se enfocará en expandir las misiones de seguridad nacional en el espacio y en aumentar la capacidad de producción de pequeños satélites para satisfacer la creciente demanda de los clientes.

밀레니엄 스페이스 시스템즈, 보잉 회사 [NYSE: BA],가 토니 긴기스를 2024년 12월 9일 부터 새로운 CEO로 임명했습니다. 30년 이상의 우주 산업 리더십 경험을 가진 긴기스는 이전에 테란 오르빗, 버진 오르빗, 에어버스 원웹 위성에서 주요 직책을 역임했습니다. 그는 밀레니엄의 1,000명 직원 팀을 이끌며 FOO 파이터, 미사일 추적 관리 및 TRACERS 프로그램을 감독할 것입니다.

이번 임명은 운영을 확대하고 비즈니스 성장을 촉진하는 것을 목표로 하며 현재의 약속을 유지하는 것입니다. 퍼듀 대학교와 MIT에서 학위를 취득한 긴기스는 국가 안보 우주 임무를 확대하고 증가하는 고객 수요를 충족하기 위해 소형 위성 생산 능력을 높이는 데 집중할 것입니다.

Millennium Space Systems, une entreprise du groupe Boeing [NYSE: BA], a nommé Tony Gingiss comme nouveau PDG à compter du 9 décembre 2024. Fort de plus de 30 ans d'expérience dans le domaine du leadership dans l'industrie spatiale, Gingiss a occupé des postes clés chez Terran Orbital, Virgin Orbit et Airbus OneWeb Satellites. Il dirigera l'équipe de Millennium, composée de 1 000 employés, supervisant des programmes tels que FOO Fighter, Missile Track Custody et TRACERS.

Cette nomination vise à développer les opérations et à stimuler la croissance de l'entreprise tout en maintenant les engagements actuels. Gingiss, titulaire de diplômes de l'Université de Purdue et du MIT, se concentrera sur l'expansion des missions spatiales de sécurité nationale et l'augmentation de la capacité de production de petits satellites pour répondre à la demande croissante des clients.

Millennium Space Systems, ein Unternehmen von Boeing [NYSE: BA], hat Tony Gingiss zum neuen CEO ernannt, der am 9. Dezember 2024 sein Amt antreten wird. Mit über 30 Jahren Erfahrung in der Führungsrolle der Raumfahrtindustrie hatte Gingiss zuvor Schlüsselpositionen bei Terran Orbital, Virgin Orbit und Airbus OneWeb Satellites inne. Er wird das Team von Millennium mit 1.000 Mitarbeitern leiten und Programme wie FOO Fighter, Missile Track Custody und TRACERS überwachen.

Die Ernennung zielt darauf ab, die Abläufe zu skalieren und das Unternehmenswachstum voranzutreiben, während die aktuellen Verpflichtungen beibehalten werden. Gingiss, der Abschlüsse von der Purdue University und dem MIT hat, wird sich auf die Erweiterung der nationalen Sicherheitsräume und die Erhöhung der Produktion von kleinen Satelliten konzentrieren, um der wachsenden Nachfrage der Kunden gerecht zu werden.

Positive
  • Appointment of experienced CEO with 30+ years in space industry leadership
  • Strong focus on scaling operations and business growth
  • Current workforce of 1,000 employees executing multiple space programs
  • Strategic positioning in growing small satellite and national security markets
Negative
  • None.

EL SEGUNDO, Calif., Dec. 16, 2024 /PRNewswire/ -- Tony Gingiss is chief executive officer of Millennium Space Systems, a Boeing Company [NYSE: BA], effective December 9. Gingiss has more than 30 years of experience in executive leadership, operations, design and production, across commercial, civil, defense and national security space. He previously held pivotal roles with Terran Orbital, Virgin Orbit and Airbus OneWeb Satellites.

"We're pleased to welcome Tony back to Boeing as he takes the helm of Millennium Space Systems," said Michelle Parker, vice president of Boeing Space Mission Systems. "Tony brings strong leadership and extensive experience that will help us scale our operations while meeting current commitments and driving growth for the business."

Gingiss is leading Millennium's team of 1,000 employees as they execute FOO Fighter, Missile Track Custody, TRACERS and next-gen and advanced space programs. With a strong background in small sat production and development, Gingiss will oversee the company's continued production ramp-up and expansion of national security space missions.

"Our customers demand cutting-edge, high-quality and high-performance small satellites at an unprecedented pace," said Tony Gingiss, CEO of Millennium Space Systems. "I am thrilled to lead this exceptional Millennium team as we deliver our national security space missions, increase our velocity and expand our market reach."

Gingiss earned his bachelor's degree in aeronautical and astronautical engineering from Purdue University and his master's degree in aeronautics and astronautics from MIT. He was recognized with Purdue's 2019 Outstanding Aerospace Engineer Award and was awarded a Charles Stark Draper Laboratories Fellowship.

About Us

Millennium Space Systems, a Boeing Company, is a small satellite prime, delivering high-performance constellation solutions for National Security Space. Founded in 2001, the company's active production lines and 80% vertical integration enable the rapid delivery of small satellites across missions and orbits – LEO, MEO and GEO. For more information, visit www.millennium-space.com.

Contact:
Dana Carroll
VP Marketing
dana.carroll@millennium-space.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/millennium-space-systems-names-tony-gingiss-as-ceo-302331893.html

SOURCE Millennium Space Systems

FAQ

Who is the new CEO of Millennium Space Systems (BA) and when did they start?

Tony Gingiss was appointed as CEO of Millennium Space Systems, effective December 9, 2024.

What major programs is Millennium Space Systems (BA) currently working on?

Millennium Space Systems is executing FOO Fighter, Missile Track Custody, TRACERS, and next-gen advanced space programs.

What is the current employee count at Millennium Space Systems (BA)?

Millennium Space Systems currently employs a team of 1,000 people.

What is Tony Gingiss's background before joining Millennium Space Systems (BA)?

Tony Gingiss has over 30 years of experience in space industry leadership, with previous roles at Terran Orbital, Virgin Orbit, and Airbus OneWeb Satellites.

What are the main focus areas for Millennium Space Systems (BA) under the new CEO?

Under Tony Gingiss, the company will focus on scaling operations, meeting current commitments, expanding national security space missions, and increasing small satellite production.

Boeing Company

NYSE:BA

BA Rankings

BA Latest News

BA Stock Data

133.48B
746.63M
0.1%
55.72%
3.01%
Aerospace & Defense
Aircraft
Link
United States of America
ARLINGTON