Boeing’s head of defense unit Ted Colbert to leave

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Boeing’s head of defense unit Ted Colbert to leave
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Boeing BA.N said on Friday that Ted Colbert, president and CEO of its defense, space and security unit will be leaving the company effective immediately.

Boeing said on Friday that Ted Colbert, president and CEO of its defense, space and security unit will be leaving the company effective immediately. The planemaker said Steve Parker, the unit’s chief operating officer, will take over Colbert’s responsibilities until a replacement is named at a later date.

At this critical juncture, our priority is to restore the trust of our customers and meet the high standards they expect of us to enable their critical missions around the world. Working together we can and will improve our performance and ensure we deliver on our commitments.” Colbert’s departure comes at a time when Boeing has been trying to save cash by announcing furloughs amid a strike by more than 32,000 of its workers.

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