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Boeing Names New Defense and Space CEO

  • On July 1, 2025, Boeing announced Stephen Parker as the permanent president and CEO of its Defense, Space and Security division, with the appointment based in Arlington, Virginia.
  • Parker’s promotion follows his interim leadership since September 2024 after Ted Colbert’s departure amid costly fixed-price contract challenges and program delays.
  • Parker joined Boeing in 1988, served as COO of the defense unit, and led key portfolios including bombers, fighters, vertical lift, and Boeing Defence Australia.
  • Boeing CEO Kelly Ortberg remarked that, thanks to Steve’s guidance, the defense division has achieved greater operational stability, enhanced the delivery of its programs, and deepened connections with its clients.
  • Parker will take immediate leadership of the defense business unit, reporting directly to Ortberg and joining Boeing’s Executive Council as the company focuses on improving production stability and renegotiating government contracts.
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PR Newswire broke the news in United States on Tuesday, July 1, 2025.
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