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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
Boeing CEO Says Ending Strike 'a Top Priority,' Announces Exit of Space and Defense Unit Leader
The departure of the head of Boeing's defense, space and security subdivision, which posted heavy losses in the most recent quarter, is the first major change of top
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.
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,
22h
on MSN
Boeing Defense Chief Exits as New CEO Shakes Up Top Ranks
Boeing Co. said that Ted Colbert, who oversees its defense and space division, is leaving the company, the first major ...
Dawn
5h
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 ...
2d
on MSN
Will Boeing's furlough strategy during the strike ensure its financial stability?
Boeing's CEO says the company will begin furloughs to conserve cash during the strike by union machinists. The furloughs are ...
Honolulu Star-Advertiser
20h
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 ...
1d
on MSN
Boeing CEO says the company will furlough a ‘large number’ of employees to preserve cash during strike
Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union ...
KUOW
2d
Boeing to begin furloughs, leadership takes a pay cut, as machinist strike continues
As Boeing's machinists continue to strike, furloughs and pay reductions are in store for the rest of the company.
2d
on MSN
Boeing begins layoffs amid labor union strike, controversy over CEO's home purchase: 'Very difficult time'
After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be ...
Crain's Chicago Business
22h
Boeing defense chief exits in new CEO's first executive move
Boeing Co. said that Ted Colbert, who oversees its defense and space division, is leaving the company, the first major ...
2d
on MSN
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 ...
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