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Stan Deal: Boeing Eyes Pilot Training Portfolio Growth With Buy of Peters Software

acquisition,  mergerBoeing (NYSE: BA) has bought Peters Software for an undisclosed sum to expand Boeing’s commercial airline and private pilot training programs in an effort to help meet a demand for skilled pilots globally.

Germany-based Peters Software offers ab-initio instructional flight modules and materials in the European market and has integrated its 20 full-time workers into Boeing’s workforce, Boeing said Monday.

Stan Deal, a senior vice president at Boeing’s commercial airplanes business, said the company aims to offer a portfolio of educational materials designed to comply with European Aviation Safety Agency standards.

The Chicago-based aerospace and defense contractor provides pilot, aircraft maintenance and cabin safety training services at 17 facilities worldwide.

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