:

Business/Financial

Parker Tapped To Lead Boeing’s Defense Business

By Cal Biesecker

Tuesday, July 1st, 2025

SHARE:

Parker Tapped To Lead Boeing’s Defense Business

Steve Parker, president and CEO of Boeing Defense, Space & Security. Photo: Boeing.

Steve Parker, a long-time Boeing [BA] veteran who has led the company’s defense segment in an acting capacity since last September, has been named president and CEO of the business effective immediately, the company said on Tuesday. Boeing President and CEO Kelly Ortberg said Parker has “stabilized” operations of the Defense, Space & Security (BDS) segment, “improved program execution and strengthened relationships with our customers” in his nine months as interim chief. Parker, 53, had been the chief operating officer…

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]