Boeing’s defense, space and security unit, one of its three main businesses, has lost billions of dollars in 2023 and 2022, which executives attributed in large part to cost overruns on fixed…
Boeing said Friday the head of the company’s troubled defense, space and security unit is leaving the planemaker effective immediately., said Ted Colbert would be leaving and Steve Parker, the unit’s chief operating officer, would assume Colbert’s responsibilities until a replacement is named at a later date. Boeing ’s defense, space and security unit, one of its three main businesses, has lost billions of dollars in 2023 and 2022. Defense, Space and Security CEO Ted Colbert, above.
“Historically, Boeing held a superior reputation for our ability to manage programs, and we need to ensure it remains a key differentiator for us in the future,” Ortberg wrote in an email to employees.
Boeing’s defense, space and security unit, one of its three main businesses, has lost billions of dollars in 2023 and 2022, which executives attributed in large part to cost overruns on fixed-price contracts.Starliner has cost Boeing $1.6 billion in overruns since 2016, according to a Reuters analysis of securities filings. CEO Kelly Ortberg, left.
Dozens of Boar's Head workers scrubbing plant infected by listeria — as company has no plans to reopen it‘Dancing With the Stars’ Season 33 premiere recap with Cheryl Burke: Anna Delvey, Dwight Howard & moreBoeing's defense, space and security unit, one of its three main businesses, has lost billions of dollars in 2023 and 2022. Defense, Space and Security CEO Ted Colbert, above.Starliner has cost Boeing $1.
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