Boeing’s defense head to retire, global services head to take over


The Boeing logo is displayed on a display screen, at the New York Inventory Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo

March 28 (Reuters) – Boeing Co (BA.N) claimed on Monday the head of its significant defense division, Leanne Caret, will retire following practically 35 several years with the aviation firm.

Caret, who is 55 a long time previous, will be succeeded by Ted Colbert efficient April 1.

Caret oversaw improvement of the effective MQ-25 drone method and the U.S. Air Force’s new instruction jet. She was also in cost of the KC-46 midair tanker, which has been plagued by several complications and cost overruns.

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Boeing’s protection device, which has the U.S. government as a single of its greatest customers, created revenue of $26.5 billion in 2021, overtaking its professional plane company.

Colbert, who now heads Boeing World-wide Products and services, will become president and chief government officer of Boeing’s Defense, Space & Stability organization. The global companies device handles jet routine maintenance, mend and overhaul, facts analytics and pilot instruction.

Caret, who experienced taken over the protection and space part in 2016, will serve as govt vice president and senior adviser to Boeing Main Government David Calhoun, until finally her retirement afterwards this year.

The segment presents military services plane and community and space methods to prospects all around the globe.

The organization named Stephanie Pope as president and CEO of Boeing International Providers, succeeding Colbert.

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Reporting by Aishwarya Nair in Bengaluru Editing by Shailesh Kuber and Karishma Singh

Our Criteria: The Thomson Reuters Have confidence in Principles.


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