Boeing Names New Defense and Space CEO
- Effective July 1, 2025, Boeing announced Stephen Parker as the new president and CEO overseeing its Defense, Space and Security business unit.
- Parker moved from interim leader, a role he held since September 2024 after Ted Colbert's departure amid financial and program challenges.
- Parker has over 37 years at Boeing, previously serving as COO of the defense unit and overseeing business operations including key program portfolios.
- Boeing CEO Kelly Ortberg stated that under Steve’s guidance, the defense division has enhanced its operational stability, boosted the effectiveness of its program delivery, and reinforced its customer partnerships.
- Boeing's defense division faces ongoing challenges from fixed-price contracts but shows signs of turnaround via contract renegotiations and production stabilization.
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Boeing names new defense and space CEO
SEATTLE — Boeing named Stephen Parker, a 37-year company veteran, to the top defense and space job. Read more...
Parker named head of Boeing's defense group
Boeing announced today that it had officially named Steve Parker as president and chief executive officer of its defense, space & security (BDS) business unit, effective immediately. Parker has served as interim leader of the group since September 2024, according to a company statement. Parker, who joined Boeing in 1988, was previously chief operating officer of the defense unit. Before that, he led divisions including Bombers & Fighters and Ver…
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