© Reuters. FILE PHOTO: A Boeing 737 Max aircraft during a display at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra
(Reuters) – Boeing (NYSE:) Co has appointed a senior troubleshooter to help turn around loss-making programs at its Defense, Space & Security (BDS) division in what some industry sources view as a potential template for wider efforts to address industrial woes.
Steve Parker, head of Boeing’s bomber and fighter programs as well as its St Louis defense plants, has been promoted to the new role of chief operating officer for the division, which makes up almost half of Boeing revenues, industry sources said.
Parker will report to divisional CEO Ted Colbert, they added.
A Boeing spokesperson confirmed last week’s appointment, which has not been announced publicly.
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