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Boeing defense chief exits
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'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’s space and defense chief exits in new CEO’s first executive move
Boeing said on Friday the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg.
Boeing, strike
A strike by Boeing factory workers shows no signs of ending after its first week
Boeing has started rolling furloughs of nonunion employees as a week-old labor strike by 33,000 union machinists shows no signs of ending
Boeing strike costs set to soar if labor dispute drags on
The ongoing strike by the largest union representing Boeing employees has already cost the company more than $500 million after one week, and those costs are set to escalate.
The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing
The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day today, has already cost the company and workers $572 million, according to an estimate from Anderson Economic Group.
Boeing, furloughs
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 workers went on strike last week, halting production of the U.S. planemaker's best-selling 737 MAX and other jets.
Boeing Furloughs Begin on Friday for Thousands in Pacific Northwest
Boeing CEO Kelly Ortberg told employees earlier this week that the company would initiate temporary furloughs for a large number of U.S.-based employees who are not part of the st
Boeing to furlough tens of thousands of employees amid machinists strike
The Boeing Co. (NYSE: BA) is planning rolling furloughs for thousands of corporate executives, staff and managers to cut costs during the ongoing strike by its machinists union, CEO Kelly Ortberg said Wednesday in a companywide letter.
Defense News on MSN
9h
Boeing ousts defense chief Ted Colbert as firm seeks to right itself
Colbert's removal from Boeing Defense marks CEO Kelly Ortberg's first major management change since taking the helm last ...
13h
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 ...
12h
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 ...
justthenews
12h
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 ...
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