
Boeing [BA] Defense Chief Leanne Caret on Tuesday said she is eliminating two of the defense segment’s three reporting sectors in favor of smaller entities that will report to directly to her, simplifying and flattening the organization to speed decision making and make the business more competitive.The reorganization and streamlining will also result in 50 executive positions being eliminated, eliminating a layer of executive oversight. A Boeing spokesman told Defense Daily the company doesn’t expect any financial issues related to…