![]() ![]() High-profile departures, including the company’s top lobbyist and head of the defense business’ head of sales. Since then, the company has kept a tight leash on executives amid Boeing’s 737 Max investigations and subsequent fallout, which was unrelated to Caret’s business. The company’s board in December 2019 sacked CEO Dennis Muilenburg, who appointed Caret CEO of the defense business in 2016. Boeing’s commercial business has been in crisis mode following two crashes of 737 Max airliners that killed 436 people. Boeing blamed Northrop’s acquisition of Orbital ATK, one of its suppliers, for its decision not to bid on the project.Ĭaret has kept an unusually low profile the past two and a half years. The capsule finally is expected to launch in the coming weeks.īoeing lost a second high-profile contest to Northrop, an $85 billion contest to replace the Boeing-made Minuteman III intercontinental ballistic missile. ![]() The company’s Starliner space capsule for NASA failed a 2019 test with no astronauts on board. Technical and quality control problems have plagued the project. Caret inherited a troubled KC-46 tanker program that was a thorn in her side for much of her tenure. The Air Force is also likely to buy E-7 AWACS radar planes from Boeing in the coming years.īut there also were problems within the defense business that garnered headlines. ![]() The Air Force this week said it wants to buy even more of them. In 2018, the company captured three major deals, an Air Force contract for 351 T-7 pilot training jets, another Air Force deal for 84 MH-139 security helicopters, and Navy contract for MQ-25 refueling drones.īoeing, under Caret’s watch, also convinced the Air Force to buy new F-15EX fighters after nearly two decades of not buying the jet. Louis to Arlington, Virginia, a stone's throw from the Pentagon to be more available to meet with defense officials on a moment’s notice.īoeing defense won several new military contracts under Caret’s watch. Less than a year into her tenure as CEO, Caret moved the company’s defense headquarters from St. Having worked her way up the ladder at Boeing, she was able to connect with workers. Her upbeat personality and at times giddiness about the company’s work made her stand out among her industry peers. The February appointment came one week after the company lost an $80 billion Air Force bomber contract to rival Northrop Grumman. defense industry’s top 50 companies.Ĭaret became CEO of Boeing Defense Space and Security in 2016 amid a shakeup of the business. He would become the lone Black chief executive among the U.S. Unlike his predecessor who spent her entire career at Boeing, Colbert has spent time at Citigroup and more than a decade at Ford Motor Company, before joining Boeing in 2009. Caret will remain an advisor to CEO Dave Calhoun until an unspecified retirement date later this year.Ĭolbert is the head of Boeing Global Services, a division that handles maintenance and repairs of airliners and military systems. Ted Colbert will replace Leanne Caret as the head of Boeing Defense, Space & Security, the third-largest U.S. The head of Boeing’s $26 billion defense and space business is retiring after nearly 35 years with the company, the firm announced Monday.
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