Boeing Replaces Head of Defense Unit Amid Losses and Setbacks

Boeing has replaced the head of its defense and space division due to financial losses and performance issues. The division has struggled with unprofitable government contracts and setbacks with its Starliner space capsule, including a recent incident that required astronauts to extend their stay on the international space station. Boeing`s CEO emphasized the need to regain customer trust and improve performance. The company is actively searching for a permanent replacement to lead the division.