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India Celebrates Navy Day। India Strategic Salutes the Indian Navy। UAE decides to upgrade its fleet of Mirage 2009 combat jets। Boeing, Emirates announce commitment for 40 Boeing 787-10 aircraft worth $15 billion। Russian Helicopters signs deal for undisclosed number of Mi-17 1A2 Helicopters to India’s Vectra Group। Terror attack in New York’s Lower Manhattan kills 8 injures at least 15। An Uzbek, the terrorist mowed cyclists and pedestrians with a hired pickup truck। He was shot and captured, and notes recovered him indicated loyatly to ISIS। He is 29, came to the US in 2010, and married an Uzbek woman there। India marks 85th Indian Air Force Day। Chief of Air Staff Air Chief Marshal BS Dhanoa says IAF working towards ‘Technology Intensive’ capability। For the first time, indigenous LCA Tejas takes part in IAF Day Flypast । IAF will issue RFI for 114 single engine combat aircraft within two weeks or so । RFI will go to Lockheed Martin for F 16 and Saab for Gripen for their latest variants । IAF aims to get 18 aircraft in 4-5 years, and 96 more in progressive manufacture from then onwards । Capability will be the first parametre for selecting the aircraft, and then the price । The selected aircraft will have more capabilities than those specified in the 2007 RfP for MMRCA । 18 aircraft will । IAF will consider General Atomics’ Predator C Avenger if offered by US Government। But, says Air Chief BS Dhanoa, no RFI or RFP issued yet by IAF yet। Government approves partial disinvestment in HAL। HAL initiates process for 10 percent disinvestment through Initial Public Offer (IPO)। Indian Army destroys NSCN (K) camps on Indo-Myanmar borders.। India says No to Troops Deployment in Afghanistan। India, US Entering a New Phase in Strategic Defence Partnership, says Nirmala Sitharaman। Mattis describes India as a Major Pillar of Regional Stability and Security। German Chancellor Wins 4th Term। First Scorpene submarine delivered to Navy। Named Kalvari, after India’s first Foxtrot class submarine, it will formally be commissioned very soon। India’s legend, Marshal of the Air Force Arjan Singh passes away।
December 13, 2017
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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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