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Boeing's Leanne Caret to Oversee $30 Billion Defense Unit

  • She becomes chief of planemaker's second-biggest division
  • Caret is first woman to head a major business at the company
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Boeing Co. named Leanne Caret as president and chief executive officer of its $30 billion defense business as new CEO Dennis Muilenburg starts to reshape the aerospace company’s leadership team.

Caret, 49, will be the first woman to oversee the defense, space and security business at Boeing, the second-largest U.S defense company. She succeeds Chris Chadwick, 55, who is retiring after 34 years at the manufacturer on March 1, Boeing announced Wednesday.