Boeing said it was replacing the head of its space business as part of a broader restructuring aimed at reversing losses at its defense unit
Boeing Co. said on Thursday that it was replacing the head of its space business as part of a broader restructuring aimed at reversing losses at its defense unit.
Kay Sears will take over a new space, intelligence and weapons-systems operation as part of defense chief Ted Colbert‘s consolidation of the military business into four units, from eight at present, with immediate effect. Jim Chilton will continue to run the space and launch business until February.
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