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Boeing defense chief exits

New York Post · 14h

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 · 16h

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

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.

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

Bloomberg L.P. · 1d

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 MSN12h

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

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 ...

15h

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 ...

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 Business16h

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 ...

2don 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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