If they were split into 2, the military entity would still continue to exist due to the fact that its primary customer would be the US military who isn't in dan

If they were split into 2, the military entity would still continue to exist due to the fact that its primary customer would be the US military who isn't in danger of running out of money anytime soon. The commercial entity may be in trouble due to market conditions or poorly received planes like the 737 Max, but then they could declare bankruptcy and move on.