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Boeing defense chief exits

New York Post · 12h

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

Hosted on MSN · 13h

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, furloughs

Reuters on MSN · 15h

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.

Investopedia on MSN · 1d

Boeing Furloughs Staff as Cash-Crippling Strike Continues

KEY TAKEAWAYS Boeing CEO Kelly Ortberg told staffers that the airplane maker is temporarily furloughing employees based in the U.S.The furlough is aimed at preserving Boeing's cash, as the strike by machinists continues.

The Business Journals · 1d

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.

7d

Boeing CEO Kelly Ortberg buys a home in Seattle

The Boeing chief purchased a 3,780-square-foot house in the Broadmoor neighborhood, according to a real estate excise tax ...

Aviation Week7d

Boeing CEO Ortberg Working Directly To End IAM Strike

Boeing CEO Kelly Ortberg will have direct input on a new offer to striking International Association of Machinists and ...

Defense News on MSN9h

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 ...

10h

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 ...

Crain's Chicago Business13h

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 ...

Boeing union president on company's response to strike

Boeing announced this week it is reducing executive pay and furloughing non-union employees during a strike by 33,000 union members.

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