Former CEO for Boeing’s defense, space and security subdivision Ted Colbert speaks during a press conference in Dubai on Nov. 16, 2019.
Karim Sahib | AFP | Getty Images
The top of Boeing‘s defense unit Ted Colbert is leaving the corporate effective immediately, said CEO Kelly Ortberg, marking his first major executive change since he took the highest job in early August.
“At this critical juncture, our priority is to revive the trust of our customers and meet the high standards they expect of us to enable their critical missions world wide,” Ortberg said in a staff memo on Friday. “Working together we will and can improve our performance and ensure we deliver on our commitments.”
Ortberg thanked Colbert for his 15 years of service at Boeing and said the unit’s Chief Operating Officer Steve Parker would take over until the corporate names Colbert’s alternative.
Boeing’s defense, space and security unit generated nearly 40% of Boeing’s revenue in the primary half of this yr, nevertheless it has struggled with production problems and price overruns, including on the brand new 747s that can function Air Force One aircraft. Within the space sector, Boeing’s Starliner is returning without the NASA astronauts who took it to the International Space Station in June. They’ll as a substitute take SpaceX’s Crew-9 vehicle back, NASA said last month.
Colbert didn’t immediately reply to CNBC’s request for comment.
