President Of Boeing Defense, Space And Security Leaving Company

Ted Colbert, the president and chief executive officer of Boeing Defense, Space & Security (BDS), will be leaving the beleaguered company, Boeing announced Friday.

Boeing CEO Kelly Ortberg told employees in a letter that the company’s priority “is to restore the trust of our customers and meet the high standards they expect of us to enable their critical missions around the world.”

“I want to thank Ted for his 15 years of service at The Boeing Company, supporting our customers, our people and our communities,” he said in the letter.

Steve Parker will oversee BDS until a permanent replacement is found, according to Ortberg.

The company has endured tremendous financial pressures and extra scrutiny following a series of failures involving its aircraft and supply.

On Jan. 5, a door plug blew out of the company’s 737 Max 9 aircraft at around 15,000 feet in altitude during an Alaska Airlines flight, prompting a federal investigation.

Read more here from ABC News.