Boeing’s new CEO, Kelly Ortberg, who took over in August, now needs to rebuild customer trust and increase profitability. Boeing’s defense division has faced serious financial difficulties, racking up losses of nearly $6 billion through 2022 due to money-losing fixed-price contracts and inflation. The Starliner program cost the company $1.6 billion.
Ortberg’s internal letter emphasized the company’s priority on “meeting high customer standards.”
Source: Ferra
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