Boeing Expects More Defense Losses, Addressing Fixed-Price Program Issues

Ted Colbert

Ted Colbert, president and CEO of Boeing Defense, Space and Security.

Credit: Boeing
LE BOURGET—Boeing’s defense unit expects to report additional losses for the second quarter of this fiscal year as it works through continued struggles on major firm-fixed-price development contracts and looks ahead to growth in Europe and increased space business. Boeing Defense and Space CEO Ted...
Brian Everstine

Brian Everstine is the Pentagon Editor for Aviation Week, based in Washington, D.C. Before joining Aviation Week in August 2021, he covered the Pentagon for Air Force Magazine. Brian began covering defense aviation in 2011 as a reporter for Military Times.

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