Boeing's defense unit chief Colbert is departing, CEO says
Publishing timestamp: 2024-09-20 21:25:34
Summary
Boeing's defense unit chief Ted Colbert is leaving the company, with a replacement to be named later. The defense unit accounted for about 40% of Boeing's revenue in the first half of the year. CEO Kelly Ortberg emphasized the importance of restoring trust with customers and meeting high standards. Boeing's defense, space, and security unit has faced production problems and cost overruns.
Sentiment: NEUTRAL
Tickers: BA,
Keywords: business, life, travel, boeing co, space industry, aerospace and defense industry, business news, breaking news: business, airlines, transportation,
Source: https://www.cnbc.com/2024/09/20/boeings-defense-unit-chief-colbert-is-departing-ceo-says.html