"Must be a Board Meeting."
Posted on 09/23/2024 7:40:36 AM PDT by Fish Speaker
WASHINGTON — Ted Colbert, chief executive of Boeing’s defense unit, exited the company today effective immediately amid the unit’s continued poor performance and crippling financial losses.
Steve Parker, Boeing defense’s chief operating officer, will take on leadership at the unit while the company seeks out a permanent replacement, Boeing CEO Kelly Ortberg said in a memo to employees.
“I want to thank Ted for his 15 years of service at The Boeing Company, supporting our customers, our people and our communities,” Ortberg said in the memo.
“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,” Ortberg said. “Working together we can and will improve our performance and ensure we deliver on our commitments.”
Colbert’s ouster comes just a week after Boeing Chief Financial Officer Brian West, speaking to investors at a financial conference, disclosed that margins at the defense unit would be negative during the third quarter amid continued difficulties reversing cost overruns from fixed-priced defense contracts, as well as newly discovered production challenges on the F-15EX and F/A-18 Super Hornet.
(Excerpt) Read more at breakingdefense.com ...
How do you not make money will you are billing Fed.gov?
"Must be a Board Meeting."
A few years back, Boeing fired several thousand quality control people as a cost savings measure. It shows.
Has he ever been to P Diddy Freak Off ? 🤔🙄😂
Watch them commit to using AI to control quality. Then they will spend billions on systems that don’t work any better.
Wanna bet?
“At this critical juncture, our priority is to clean up the mess that stupid SOB left us with, and start making things that work properly.
He didn’t earn it.
Ortberg said in the memo, “At this critical juncture, our priority is to clean up the mess that stupid SOB left us with, and start making things that work properly."
DEI in our military ranks
DEI in our defense contractors
The US will surely lose a conflict against a serious opponent.
I have to agree. I saw DEI firsthand before I retired from my job at a local military base.
“A few years back, Boeing fired several thousand quality control people as a cost savings measure. It shows.”
I remember when that happened. I believe that it occurred shortly after they merged with McDonnell Douglas. The merger was the kiss of death for Boeing.
That was my first thought. How convenient. Pushed out or did a particularly nasty blackmail video surface?
>>>A few years back, Boeing fired several thousand quality control people as a cost savings measure. It shows.
Having QC people control quality is not a sound solution. Ultimately switching to QA system isn’t any better because the burden is on manufacturing people vs QC people. Quality needs to be designed, up front to thorough planning! We have to get away from reactive actions(usually too late) to even preventive and predictive solutions. If there’s a paradigm shift, “you just can’t spend enough time planning”, up front!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.