In response to ongoing company challenges, Ted Colbert, the President and CEO of Boeing Defense, Space & Security (BDS), is stepping down from his position, Boeing revealed on Friday. This decision comes at a critical time as Boeing faces financial pressures and increased scrutiny following a series of setbacks involving its aircraft and supply. The announcement was made by Boeing CEO Kelly Ortberg in a letter to employees, emphasizing the company's commitment to rebuilding customer trust and meeting high standards for mission critical operations worldwide.

Expressing his gratitude for Ted Colbert's 15 years of service, Ortberg acknowledged Colbert's contributions to Boeing, particularly in supporting customers, employees, and communities. As part of the leadership transition, Steve Parker has been appointed to temporarily oversee BDS until a suitable replacement is named. This move signals Boeing's dedication to navigating through current challenges and ensuring operational continuity within the division.

Boeing has been at the center of several recent incidents, impacting its reputation and operations. A door plug incident on a 737 Max 9 aircraft during an Alaska Airlines flight triggered an investigation by federal authorities on January 5. Additionally, the Boeing Starliner spacecraft, intended for the NASA Commercial Crew Program, faced numerous delays and cost escalations ahead of its planned crewed mission to the International Space Station in June. These events have added pressure on Boeing, ultimately leading to the resignations of CEO Dave Calhoun and board chairman Larry Kellner in response to the investigations. In a separate development, tens of thousands of Boeing workers voted to strike last week after rejecting a proposed contract, further highlighting the challenges facing the aerospace company.