{"id":10694,"date":"2015-06-24T08:47:35","date_gmt":"2015-06-24T12:47:35","guid":{"rendered":"https:\/\/lexingtoninstitute.org\/?p=10694"},"modified":"2015-06-24T09:03:58","modified_gmt":"2015-06-24T13:03:58","slug":"top-job-for-boeings-hyper-competitive-new-ceo-shoring-up-defense-business-from-forbes","status":"publish","type":"post","link":"https:\/\/www.lexingtoninstitute.org\/top-job-for-boeings-hyper-competitive-new-ceo-shoring-up-defense-business-from-forbes\/","title":{"rendered":"Top Job For Boeing’s Hyper-Competitive New CEO: Shoring Up Defense Business (From Forbes)"},"content":{"rendered":"

Tuesday’s announcement that Dennis A. Muilenburg will become the 10th CEO in Boeing’s 99-year history did not come as a big surprise to insiders, but it still will set a different tone for the world’s biggest aerospace company.\u00a0 For starters, Muilenburg has spent almost all of his three decades at the company on the defense side of an enterprise that traditionally has generated most of its revenues from sale of commercial jetliners.\u00a0 Commercial aircraft chief Ray Connor will retain the Vice-Chairman’s role he has been sharing with Muilenburg to assure there is a smooth transition as far as that part of the business goes.\u00a0 But\u00a0putting Muilenburg’s defense\u00a0expertise in the CEO’s suite is a smart move, because the recent decline in Pentagon spending is bottoming out at a time when Boeing needs to replace the revenues from waning military franchises acquired in the 1990s.\u00a0 Over the long run, Muilenburg will become a fearsome competitor\u00a0for\u00a0Airbus, but in the near term a top priority will be shoring up the defense side of the house that he knows so well.\u00a0 I have written a commentary for Forbes here<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tuesday’s announcement that Dennis A. Muilenburg will become the 10th CEO in Boeing’s 99-year history did not come as a big surprise to insiders, but it still will set a different tone for the world’s biggest aerospace company.\u00a0 For starters, Muilenburg has spent almost all of his three decades at the company on the defense […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"yoast_head":"\nTop Job For Boeing's Hyper-Competitive New CEO: Shoring Up Defense Business (From Forbes) - Lexington Institute<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lexingtoninstitute.org\/top-job-for-boeings-hyper-competitive-new-ceo-shoring-up-defense-business-from-forbes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top Job For Boeing's Hyper-Competitive New CEO: Shoring Up Defense Business (From Forbes) - Lexington Institute\" \/>\n<meta property=\"og:description\" content=\"Tuesday’s announcement that Dennis A. 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