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The
company said Theodore “Ted” Colbert III was removed immediately
as president and CEO of Boeing Defense, Space & Security and
replaced temporarily by the division's chief operating officer,
Steve Parker. A search is underway for a permanent replacement.
Colbert spent 15 years at Boeing, serving as chief information
officer and leading its global-services business before running
the defense unit.
Kelly Ortberg, who took over as Boeing CEO last month, said in a
memo announcing Colbert's departure, “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.”
Boeing is trying to dig out from unprofitable contracts with the
Pentagon and NASA, including new Air Force One presidential
planes and refueling tankers for the Air Force.
Since the start of 2022, the defense and space division has lost
$6 billion, slightly more than Boeing’s airplane business.
The Starliner capsule that Boeing built for NASA suffered
problems with thrusters on its first crewed mission to the
international space station. NASA decided this month it was too
risky for two astronauts to fly home in the capsule, so they
will stay in space until February and ride back to Earth on a
SpaceX capsule.
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