By: Vanessa Montalbano
Defense manufacturing giant Boeing is again hemorrhaging money, but CEO Kelly Ortberg says the company can pivot back to prior success via better discipline in its "tough contracts" and a focus on risk management in future ones. “We’ve got some tough contracts and there’s no magic bullet to that,” Ortberg told investors in a third-quarter earnings call today. “The discipline about what we can control on those contracts needs to get better.” Boeing warned investors earlier this...