Boeing reorganizes struggling defense business unit
Source: Reuters
WASHINGTON Nov 17 (Reuters) - Boeing Co (BA.N) said on Thursday that it will consolidate its struggling defense unit by cutting in half the number of divisions and the planemaker made a series of executive leadership changes.The plan to consolidate is aimed at making its defense business more manageable as Boeing attempts to improve its relationship with the Pentagon, a person briefed on the move said.The company…
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