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

By Cal Biesecker

Monday, March 28th, 2022

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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

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]