Paris Air Show: Boeing reshuffle to streamline business
As Boeing Defense continues to streamline its business, after recently stripping out a layer of top executives, the company looks forward to a promising European defence market ahead of the biennial Paris Air Show.
Speaking to journalists, Boeing Defense, Space & Security CEO Leanne Caret, said that the final stage of a three step plan to streamline the company has been carried out, and saw the removal of one layer of the company’s executive positions.
About 50 executive positions are to be affected by the changes. This follows the consolidation of a number of sites in November 2016 and moving the company’s headquarters to Washington DC.
‘Time is money and if we don’t do things faster it is going to cost more,’ said Caret.
The changes will be effective from 1 July and will concentrate current segments of the business into smaller entities reporting directly to the CEO. The four segments will be autonomous systems; space and missile systems; strike, surveillance and mobility; and ...
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