Boeing shakes up IDS management team

ST. LOUIS, Feb. 7 (UPI) -- U.S. company Boeing has announced a major management restructuring of its Integrated Defense Systems unit.

Boeing said in a statement last week it had approved "a series of new leadership assignments within its Integrated Defense Systems unit designed to build on continued strong performance of the company's defense, intelligence and space businesses, which earlier this week posted record financial results."

"The leadership changes will place 14 senior executives in new roles, allowing each to bring a new perspective and in-depth experience to already high-performing organizations," Boeing said.

"Integrated Defense Systems President and CEO Jim Albaugh said the changes would position the $32 billion Boeing unit for continued success in its defense and space markets," the company said.

"Since Integrated Defense Systems was formed five-and-a-half years ago, we have made tremendous progress growing our business, improving our performance and developing our leaders," said Albaugh.

"These moves take advantage of the strengths we have, continue the development of key leaders, and drive further integration and innovation within and across our businesses to achieve both near- and long-term performance goals. As with our military customers, we believe that rotations strengthen the individual leader and the organization," he said.

The changes were implemented on Monday, Boeing said. They "include new assignments for leaders within each of IDS's three major businesses as well as its functional support organizations," the company said.