In 2022, China announced sanctions against Ted Colbert, the president and CEO of Boeing Defense, Space and Security. after the company won a $355 million contract to supply Harpoon missiles to Taiwan.
Boeing defense ended 2024 with $4.9 billion in charges, the largest amount since $4.4 billion in 2022. The Arlington, Virginia-based aircraft manufacturer has vowed to avoid fixed-price contracts ...
Boeing continues to grapple with challenges in troubled government programs it won bidding on fixed-price development contracts and while there is no ...
Julie Johnsson | Bloomberg — Boeing Co. suffered another quarter of fresh charges and losses, highlighting the long road ahead for Chief Executive Officer Kelly Ortberg as he tries to stabilize ...
Ortberg said in the interview he is considering non-core segments to sell, likely from Boeing's defense, space and services division. “This is not going to be a major restructuring of the Boeing ...