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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 defense and space chief 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
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 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.
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.
Striking Boeing Workers Maintain Resolve
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
Striking Boeing Workers Maintain Resolve After First Week
"I've never seen Boeing do that before. They might be feeling the pinch, feeling the hurt a little bit, you know--trying to save some money after spending so much money on four CE
Boeing Girds for Long Strike as Gig Economy Gives Workers Clout
Around Boeing Co.’s vast aircraft manufacturing hub in Seattle, the great belt tightening has begun as the planemaker and its factory workers settle in for a labor dispute that will test the resolve of both sides.
Defense News on MSN
12h
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 ...
16h
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 ...
justthenews
14h
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 ...
Crain's Chicago Business
16h
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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