HEADLINES:
DAC clears proposals worth Rs 15,935 Cr (approx $2.2b) । The approval covers purchae of Rifles, Carbines and Light Machine Guns for the Army, Navy and Air Force । New weapons are required by the Indian Army’s for effective engagement of Pakistani infiltrations । Leading Pakistani human rights activist Asma Jahangir passes away । Globally respected for her liberal views, she was a strong pro-democracy activist । SpaceX Launches the World’s Most Powerful Rocket, and aboard it, Mr Musk’s electric red sports Car । “It’s kind of silly and fun, but silly and fun things are important,” he said Feb 6। Mr Elon Musk owns both SpaceX, the world’s biggest space company, as well as Tesla cars। SpaceX’s Falcon 9 rocket has ferried payload to Space Station but this time, rocket is turbocharged। For the first time, NASA was not involved in launching such a heavy rocket। Singapore Airshow Opens Feb 6 । Boeing, Lockheed Martin, Raytheon, Airbus, Sikorsky, and the global biggies are taking part । Honeywell Provides Fuel Made From Mustard Seeds For Trans-Pacific Flight । Russia views India as a Privileged Partner, says Rostec CEO Chemezov । US Carrier Carl Vinson to make first ever visit to Vietnam in March । Carl Vinson woll dock at Da Nang, apparently boosting bilateral military cooperation । Happy Republic Day to All Indians । Emirates signs agreement for up to 36 additional A380s । India successfully test fires 5000-Km A380s ICBM। Defexpo to be held April 11-15 in Tamil Nadu, India’s southern state। HAL receives RfP for 83 LCA Tejas from IAF। The new LCAs will have AESA combat Radar। IAF had announced the decision for new LCAs sometime back। INS Kalvari commissioned into Indian Navy December 14। Prime Minister Modi ceremonially inducted the Scorpene class boat in Mumbai। Built by state-run MDL with French collaboration, Kalvari is the first submarine inducted after 2000। Modi described the Kalvari as a fine example of Make in India। Five more Kalvari Class submarines are to be commissioned over the next couple of years।
February 17, 2018
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Boeing expands CFO Smith’s role

June 2017
 

CHICAGO. Boeing June 28 announced an expansion of the enterprise responsibilities of Greg Smith, currently the company’s chief financial officer and executive vice president of Corporate Development & Strategy.

Starting July 1, Smith, 51, will serve as chief financial officer and executive vice president of Enterprise Performance & Strategy, adding a range of duties focused on ensuring strong and consistent business performance, continued achievements in innovation and corporate functional excellence.

“This is an evolution of Greg’s already substantial and impactful role within our company,” said Boeing Chairman, President and CEO Dennis Muilenburg. “In addition to being responsible for financial management, corporate development and overall company strategy, Greg will oversee and drive key cross-enterprise performance levers that are critical to achieving our growth and performance aspirations and to running our company better and more competitively every day.”

Muilenburg added that the planned retirements later this year of Vice Chairman Ray Conner and Senior Vice President of Program Management, Integration & Development Programs Scott Fancher created a window to consolidate a range of performance-based enterprise efforts under Smith.

Among the responsibilities that will shift to Smith in the months ahead are oversight of the integration and execution of the company’s new three business unit strategy, which includes the July 1 launch of Boeing Global Services; acceleration of company-wide innovation, productivity and market-based affordability projects; and leadership of a new talent management system for identifying, developing and deploying general managers and program managers.

Boeing is the world’s largest aerospace company and leading manufacturer of commercial airplanes and defense, space and security systems. In addition, Boeing supports airlines and U.S. and allied government customers in more than 150 countries. The company’s products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. Boeing employs approximately 145,000 people across the United States and in more than 65 countries. Company revenues for 2016 were $94.6 billion.

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