Stock Market News

Boeing hires Northrop executive to take over Pentagon projects

2024.11.14 13:11

(Reuters) – Boeing (NYSE:) said on Thursday it hired former Northrop Grumman (NYSE:) executive Colin Miller to head its Phantom Works research arm within the company’s defense business unit.

Miller’s hiring as general manager of Phantom Works at Boeing Defense, Space and Security (BDS) had been in the works before the arrival of new Boeing CEO Kelly Ortberg.

© Reuters. FILE PHOTO: A Boeing logo is seen at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 18, 2023. REUTERS/Benoit Tessier/File Photo

Boeing’s defense business has been struggling under the weight of budget-busting older contracts, but Ortberg said in October that the unit which makes helicopters, fighter jets and missiles remains “core” to the company’s future.

Miller’s hiring was first reported by the Wall Street Journal.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 95,568.61 0.83%
ethereum
Ethereum (ETH) $ 2,699.61 4.08%
xrp
XRP (XRP) $ 2.48 4.11%
tether
Tether (USDT) $ 1.00 0.00%
bnb
BNB (BNB) $ 639.15 4.01%
solana
Solana (SOL) $ 158.90 7.76%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.230401 6.56%
cardano
Cardano (ADA) $ 0.735699 6.13%
staked-ether
Lido Staked Ether (STETH) $ 2,692.01 3.85%
tron
TRON (TRX) $ 0.2458 1.48%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,328.54 0.96%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,248.08 3.56%
chainlink
Chainlink (LINK) $ 16.65 7.76%
sui
Sui (SUI) $ 3.27 4.25%
avalanche-2
Avalanche (AVAX) $ 23.77 7.67%
stellar
Stellar (XLM) $ 0.318642 4.61%
the-open-network
Toncoin (TON) $ 3.73 1.41%
litecoin
Litecoin (LTC) $ 122.96 3.66%
leo-token
LEO Token (LEO) $ 9.73 0.01%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 5.81%
hedera-hashgraph
Hedera (HBAR) $ 0.202846 6.08%
usds
USDS (USDS) $ 1.00 0.00%
mantra-dao
MANTRA (OM) $ 8.42 2.55%
weth
WETH (WETH) $ 2,689.86 4.42%
polkadot
Polkadot (DOT) $ 4.76 6.56%
hyperliquid
Hyperliquid (HYPE) $ 21.28 12.37%
bitcoin-cash
Bitcoin Cash (BCH) $ 315.08 4.94%
bitget-token
Bitget Token (BGB) $ 4.98 1.97%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,871.41 3.78%
uniswap
Uniswap (UNI) $ 8.58 6.29%
monero
Monero (XMR) $ 234.33 0.65%
whitebit
WhiteBIT Coin (WBT) $ 27.47 0.08%
near
NEAR Protocol (NEAR) $ 3.32 4.19%
pepe
Pepe (PEPE) $ 0.000009 7.84%
aave
Aave (AAVE) $ 235.56 6.32%
dai
Dai (DAI) $ 1.00 0.08%
ondo-finance
Ondo (ONDO) $ 1.09 4.83%
bittensor
Bittensor (TAO) $ 405.10 6.32%
aptos
Aptos (APT) $ 5.76 6.90%
internet-computer
Internet Computer (ICP) $ 6.79 6.18%
tokenize-xchange
Tokenize Xchange (TKX) $ 38.80 2.91%
official-trump
Official Trump (TRUMP) $ 14.99 8.10%
ethereum-classic
Ethereum Classic (ETC) $ 19.86 5.24%
mantle
Mantle (MNT) $ 0.888636 2.73%
okb
OKB (OKB) $ 48.33 2.81%
gatechain-token
Gate (GT) $ 22.73 2.73%
susds
sUSDS (SUSDS) $ 1.04 0.05%
sonic-3
Sonic (prev. FTM) (S) $ 0.864587 6.37%