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Boeing ousts defense chief Ted Colbert
Boeing’s head of defense unit Ted Colbert to leave
Boeing BA.N said on Friday that Ted Colbert, president and CEO of its defense, space and security unit will be leaving the company effective immediately.
The head of Boeing’s defense and space business is out as company tries to fix troubled contracts
Boeing is replacing the head of its defense and space business. That the unit that has been saddled with money-losing government contracts and embarrassing failures by its Starliner space capsule.
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
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.
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.
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.
3h
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 ...
7h
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 ...
10h
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 ...
7h
Boeing In Crisis: Pays Embraer $150 Million For Failed Acquisition Deal
The failed Boeing-Embraer joint venture means both companies lost valuable time and resources. Read more on how the scuttled ...
1d
on MSN
Boeing lays off thousands of executives, managers and non-union staff amid strike
Boeing said Wednesday it is temporarily laying off tens of thousands of managers, executives and non-union contractors as the strike by 33,000 union members continues.
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