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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, 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.
Labor Union Strike Poses a Huge Problem for Boeing
It's no great secret that Boeing has been struggling lately. Plagued by problems with first its 787 Dreamliner program, then its 737 MAX aircraft, and more recently with its defense and space business, Boeing was losing money even before the pandemic struck in 2020.
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
8h
on MSN
Boeing union members are angry they lost their pension plan. They’re not likely to get it back
One of the most painful issues dividing labor and management in the strike at Boeing is the loss of the traditional pension ...
5h
on MSN
SpaceX launch to retrieve NASA astronauts highlights growing lead over Boeing in commercial space industry
When NASA first awarded contracts to provide transportation for its Commercial Crew Program to SpaceX and Boeing (BA) in 2014 ...
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 ...
2d
on MSN
Boeing CEO says the company will furlough a ‘large number’ of employees to preserve cash during strike
Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union ...
1d
on MSN
Boeing machinists on picket lines prepare for lengthy strike: 'I can last as long as it takes'
More than 30,000 Boeing machinists walked off the job Sept. 13. At a local union office outside Seattle, they prepared for ...
3d
on MSN
Boeing strike: 'My $28-an-hour pay isn't enough to get by'
The employees are now in their second week of striking with no sign of any deal with Boeing management on the horizon. We ...
3d
on MSN
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 ...
2d
Boeing strike costs set to soar if labor dispute drags on
The ongoing strike by the largest union representing Boeing employees has already cost the company more than $500 million ...
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