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Boeing Defense Chief Exits

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.

MarketWatch on MSN · 1h

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 beleaguered aviation giant’s new chief executive aims for big changes following a string of safety concerns and a deep slump in its financials.

Bloomberg on MSN · 2h

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 personnel change by Kelly Ortberg since he took over as chief executive officer last month.

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.

Fox Business · 14h

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 after one week, and those costs are set to escalate.

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.

2h

New Boeing CEO shakes up leadership, announces first departure

Steve Parker, the defense unit’s chief operating officer, will take the helm at the struggling business on an interim basis ...

2h

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 ...

4h

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 ...

2hon MSNOpinion

Opinion | Honesty About Boeing Accidents

In a letter responding to a recent Boeing column, their first sentence is a falsehood, saying I claimed “pilot error caused ...

3h

Boeing Co. stock underperforms Friday when compared to competitors

Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...

1d

Boeing contract talks stall as strike nears one week

Boeing’s contract negotiations with its striking union fell apart Wednesday after both parties failed to agree on key issues.

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