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Boeing defense chief exits

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.

Honolulu Star-Advertiser · 9h

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 change under new CEO Kelly Ortberg.

Hosted on MSN · 12h

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, furloughs and strike

KOMO-TV Seattle on MSN · 1d

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 expected to affect tens of thousands of workers, including corporate executives,

Fox Business · 23h

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.

10h

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, ...

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 ...

15h

Aerospace engineers union rejects Boeing furlough request during strike

The union that represents aerospace engineers at Boeing rejected a request from the company to furlough workers.

2don 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 ...

1d

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 ...

14h

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 ...

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