Boeing CEO Calhoun exiting at end of year
Dave Calhoun had been under fire for some time, in large part due to public failures on the commercial side of the company.
Dave Calhoun had been under fire for some time, in large part due to public failures on the commercial side of the company.
“These are disappointing results in the quarter and year to date. This performance is below our expectations and we acknowledge that we aren't as far along in this recovery as we expected to be at this stage,” said Chief Financial Officer Brian West.
The aerospace giant’s defense and space division recorded new charges for NASA’s Starliner shuttle, the Air Force’s T-7A training jet and the Navy’s MQ-25 Stingray drone.