Boeing Defense, Space, and Security CEO Ted Colbert is out at Boeing. He’s paying for some sins of the past, but the change shows new CEO Kelly Ortberg means business.

Boeing is shaking up the leadership of its defense, space and security unit, which has been reeling from mounting losses and high-profile technical problems with its Starliner spacecraft.

Boeing said today the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg.

Boeing said on Friday the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg. Ortberg who took over in August said Ted Colbert would be leaving and Steve Parker,

Boeing on Friday replaced the head of its troubled defense and space business, which has struggled with money-losing government contracts and embarrassing setbacks involving its Starliner space capsule.

Boeing Co. said that Ted Colbert — its head of defense, space and security — would leave the company on Friday, as the beleaguered aviation giant’s new chief executive aims for big changes following a string of safety concerns and a deep slump in its financials.

The head of Boeing’s defence business is leaving the company after years of losses from fixed-price contracts and a high-profile debacle with its space capsule that left two astronauts in space. Chief executive Kelly Ortberg said in a memo to employees on Friday that Ted Colbert,

Boeing is getting a new space chief. Ted Colbert will no longer be CEO of Boeing Defense, Space & Security, one of the aerospace giant's subdivisions, according to media reports. Those reports cite a staff memo circulated today (Sept.

Boeing Co. ousted the top executive for its defense and space division, in the first major shakeup by Kelly Ortberg since he took over as chief executive officer last month.