Boeing Finds Surprise Asset for Defense Comeback: Old Warplanes

Boeing Finds Surprise Asset for Defense Comeback: Old Warplanes
President Donald Trump (3R) speaks as Boeing CEO Dennis Muilenburg (2R) and US Secretary of the Treasury Steven Mnuchin (C) look on in front of an FA-18 Super Hornet during a tour of the Boeing Company in St. Louis, Missouri on March 14, 2018. Photo credit should read MANDEL NGAN/AFP/Getty Images
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It wasn’t so long ago that Leanne Caret, head of Boeing Co.’s defense division, was warning of a grim future for one of the planemaker’s marquee fighter jets.

As finance chief of the business, Caret helped draft a disclosure tucked into the company’s 2014 annual report saying production of the F/A-18 Super Hornet was at risk of shutting down by 2018 due to stalled sales. But doomsday never came for the plane—and Caret is now presiding over a resurgence for the Super Hornet and another Boeing fighter, the F-15 Strike Eagle.