:

Business/Financial

Boeing’s Caret To Retire, Will Be Succeeded By Services Chief Colbert

By Cal Biesecker

Monday, March 28th, 2022

SHARE:

Boeing’s Caret To Retire, Will Be Succeeded By Services Chief Colbert

Ted Colbert, president and CEO of Boeing Defense, Space & Security. Photo: Boeing

Boeing [BA] on Monday said that Leanne Caret, president and CEO of the company’s $26 billion defense business, will retire later this year and be succeed by Ted Colbert, who runs Boeing’s services segment, effective April 1. Colbert will be succeeded as president and CEO of the $16 billion Boeing Global Services (BGS) operations by Stephanie Pope, who is chief financial officer for Boeing’s Commercial Airplanes segment and previously was the finance chief for BGS. Caret has led Boeing Defense,…

Congress

Trump Urges Senate To Move ‘Immediately’ On $350 Billion Defense Reconciliation Bill In Lame Duck

President Trump on Thursday urged Senate leadership to move “IMMEDIATELY” on a reconciliation bill that would include $350 billion for defense. The call arrives as Republicans navigate a lame duck […]

Congress

House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]