The head of Boeing's defense and space business is out as company tries to fix troubled contracts [Yahoo! Finance Canada]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: Yahoo! Finance Canada
The company said Theodore “Ted” Colbert III was removed immediately as president and CEO of Boeing Defense, Space & Security and replaced temporarily by the division's chief operating officer, Steve Parker. A search is underway for a permanent replacement. Colbert spent 15 years at Boeing, serving as chief information officer and leading its global-services business before running the defense unit. Kelly Ortberg, who took over as Boeing CEO last month, said in a memo announcing Colbert's departure, “At this critical juncture, our priority is to restore the trust of our customers and meet the high standards they expect of us to enable their critical missions around the world. Working together we can and will improve our performance and ensure we deliver on our commitments.” Boeing is trying to dig out from unprofitable contracts with the Pentagon and NASA, including new Air Force One presidential planes and refueling tankers for the Air Force. Since the start of 2022, the defe
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News
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- NASA says Starliner astronauts Suni Williams, Butch Wilmore 'in good health' on ISS [USA TODAY]USA TODAY
- More from CNN [CNN]CNN
- Crew-8 astronauts will speak publicly for the first time since post-splashdown hospitalizations [CNN]CNN
BA
Earnings
- 10/23/24 - Miss
BA
Sec Filings
- 11/1/24 - Form S-4
- 11/1/24 - Form CERT
- 10/31/24 - Form 8-A12B
- BA's page on the SEC website