Boeing ousts head of troubled space unit after astronauts left stranded, billions in losses
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
The executive in charge of the division that has 2 astronauts stuck in space is leaving Boeing
Ted Colbert, the head of Boeing's defense, space, and security division is leaving the company effective immediately, CEO Kelly Ortberg announced.
Boeing's defense unit chief Colbert is departing, CEO says
Boeing's new CEO Kelly Ortberg said the company's defense unit chief Ted Colbert is leaving Boeing and that a replacement would be named later. The defense unit accounted for about 40% of Boeing's revenue in the first half of the year.
The head of Boeing’s defense and space business is out as company tries to fix troubled contracts
Boeing on Friday replaced the head of its troubled defense and space business, which has struggled with money-losing government contracts and embarrassing setbacks involving its Starliner space capsule.
President of Boeing Defense, Space and Security leaving company
Ted Colbert, the president and chief operating officer of Boeing Defense, Space & Security (BDS), will be leaving the beleaguered company, Boeing announced Friday. Boeing CEO Kelly Ortberg told employees in a letter that the company's priority "is to restore the trust of our customers and meet the high standards they expect of us to enable their critical missions around the world.
Boeing head of troubled defense, space unit to depart immediately
Boeing said on Friday the head of the company's troubleddefense, space and security unit is leaving the planemaker effective immediately. New Boeing CEO Kelly Ortberg in his first significant move since taking over in August,
Boeing defense chief exits as new CEO shakes up top ranks
Boeing said that Ted Colbert, who oversees its Defense and Space division, is leaving, the first big personnel change by ...
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Boeing defense chief exits as new CEO makes first big move
Boeing said today the head of its troubled space and defense unit is leaving the company immediately, in the first management ...
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Boeing Defense, Space, and Security president and CEO to leave company after 15 years
Boeing CEO Kelly Ortberg thanked Colbert for his dedication to the company over the past decade and a half, and told ...
Boeing CEO Says Ending Strike 'A Top Priority'
Ending a strike involving more than 30,000 of Boeing's Seattle-area workers is "a top priority" for the aviation giant, chief ...
Boeing’s defense chief is leaving, company says
Boeing Co. said that Ted Colbert — its head of defense, space and security — would leave the company on Friday, as the ...
A strike by Boeing factory workers shows no signs of ending after its first week
Federal mediators joined talks between Boeing and the International Association of Machinists and Aerospace Workers this week ...
Boeing starts furloughs for thousands as strike continues
Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than 32,000 ...
Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms
Boeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a ...