Defense, Space & Security said its operating loss in 2024 had deepened to $5.41 billion from $1.76 billion a year earlier. The aviation giant attributed the increase to contract adjustments on its ...
“There’s no silver bullet on these fixed-price programs," said CEO Kelly Ortberg. Boeing’s defense unit on Tuesday posted $1.7 billion in charges for the fourth quarter of last ...
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 ...