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. The company aims to regain customer trust and improve performance. The division has experienced significant financial losses, exceeding those of Boeing`s airplane business. The Starliner capsule faced technical difficulties, leading NASA to postpone astronauts` return and utilize a SpaceX capsule instead.