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New York Post on MSN · 1d

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

IndustryWeek · 1d

Boeing CEO Says Ending Strike 'a Top Priority,' Announces Exit of Space and Defense Unit Leader

The departure of the head of Boeing's defense, space and security subdivision, which posted heavy losses in the most recent quarter, is the first major change of top

Hosted on MSN · 1d

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.

Business Insider · 1d

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.

1don MSN

Boeing Defense Chief Exits as New CEO Shakes Up Top Ranks

Boeing Co. ousted the top executive for its defense and space division, in the first major shakeup by Kelly Ortberg since he ...

2don MSN

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 ...

Alaska Dispatch News12h

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 ...

8d

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 ...

Boeing to begin furloughs, leadership takes a pay cut, as machinist strike continues

As Boeing's machinists continue to strike, furloughs and pay reductions are in store for the rest of the company.

3don 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 ...

Crain's Chicago Business1d

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 ...

3don 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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