Back
Theodore Colbert
Former Executive Vice President, Boeing

Ted Colbert Executive VP Defense,Space Security Boeing & 50,000 Shareholder Receives An Education:

🎥 Apr 09, 2024 📺 Daryl Guberman ⏱ 10m 👁 25 views
Leanne Caret President & CEO Boeing Defense, Security And 59,000 Shareholder Receives An Education https://youtu.be/piLRUfVwkSA QA Expert Daryl Guberman & Boeing Share Holder Warns "Insider Boeing Shareholders" About Quality https://youtu.be/eV6ezY-H6M8 List of accidents and incidents involving the Airbus A320 family https://en.wikipedia.org/wiki/List_of_accidents_and_incidents_involving_the_Airbus_A320_family List of accidents and incidents involving the Boeing 737 https://en.wikipedia.org/wiki/List_of_accidents_and_incidents_involving_the_Boeing_737 Airbus A320neo engine issue more exte...
Watch on YouTube

About Theodore Colbert

Theodore "Ted" Colbert served as Executive Vice President of The Boeing Company and President and CEO of Boeing Defense, Space & Security. In December 2023, he told CNBC that Boeing was "in progress" toward launching astronauts on the Starliner spacecraft, targeting a first crewed flight in the "March, April time frame." He also discussed the company's approach to fixed-price defense contracts, stating that future bids would be "based in the realities of our experiences" and "a set of disciplines that sets us and our customer up for success." Colbert has addressed quality and safety issues at Boeing, stating the company implemented a new Safety Management System that "connects the entire company" and is "a reflection of what our customers use to manage safety." Colbert has spoken publicly about diversity and inclusion initiatives at Boeing. He stated that the company invested "at minimum 25 million dollars in nonprofit organizations that advance equity by 2023," including a commitment with the Thurgood Marshall College Fund. He described creating a racial equity task force with representation from employee resource groups to help move the company's equity plan forward. Colbert also discussed his personal background, noting that he is a graduate of Morehouse College and serves on the board of the Thurgood Marshall College Fund. In 2022, he was named Black Engineer of the Year.

Source: AI-verified profile updated from Theodore Colbert's recent appearances. Browse all interviews →

Transcript (1 segments)
D
Daryl Goberman0:00
Hello everyone, how are you doing? We have some special guests here, some major shareholders, players at Boeing who have been there a while. To ACW, those types of share values, that's for sure. I too am a valued shareholder of Boeing aircraft and the Boeing Company, and I just have to get into this now. This video is going to be just a brief video because the real video out there is the very first one under the description. And Leanne, thank you for coming out here. This video is about Leanne Caratt, President and CEO of Boeing Defense and Security, and a 59,000-shareholder who receives an education by shareholder quality expert Daryl Goberman. Yeah, it is 17 minutes long, but it goes into the whole crux of Boeing. It goes into the crux of the COVID, it goes into the crux of quality issues at Boeing and how it's incestuous with them actually squeezing out competition such as myself. We have been a register since 2012, and we've had companies that have gone out there tried to issue my certificate as far as give it to Boeing, and Boeing says, 'Can't do it, you're not ANSI ANAB accredited.' I tell in that video the whole litany that Boeing, without a shadow of a doubt, broke the Sherman Clayton Act of antitrust, anti-competition, and also monopoly they are, and I prove that factor. I'm going to show you the brief monopoly in here, but thank you Leanne for coming. The video, as I said, is going to be short, but I want to introduce her because hers is the largest of all three videos. We did a video on also Timothy Keaton, who's the Executive Vice President of Government Ops at Boeing. He owns 880,000 shares of stock and he received an education from shareholder and quality expert Daryl Goberman. You also now have a Mr. Ted Colbert. Thank you, Mr. Ted. He is the Executive Vice President, President, and Chief Executive Officer of Defense, Space, and Security at The Boeing Company, and he's also the chairman of the Aerospace Industries Association, which also sits on ANSI's board right over by Boeing, etc. It's all incestuous. He's a 54,000-shareholder, so we're going to put you down. And by the way, we're going to tell you this factor that the vast majority of businessmen and women are so profit-obsessed that they consider quality management an absolute impediment to maximum profit. So we're going to get into this, Ted, because I think you need to see it, and we're going to show you a brief overview. But as I said, the very first video about Leanne is the one that gives you the meat and potatoes of this. We're just showing you an outer skin. So here it is. In 2002, Boeing put out a supplier procurement notification to the suppliers, and it stated that on an onsite Boeing survey audit of suppliers' quality system, if need be, as a shareholder of that amount of shares, me as a quality guy with the ownership of some of Boeing shares, I find that a little bit frightening, and I'm going to show you why. It says our preference is to deal with proven suppliers with excellent quality performance and not have to do on-site system surveys. We're going to show you our audits. This is the problem. You have the American National Standards Institute and the American National Accreditation Board. They came together in 2018. They've always been together, don't let anybody kid you. But in 2013, I gave a speech at the American Society for Quality. There was a Mr. Dave Levier, Region 3 Director from the ASQ, and he stood there. And at that time, the American Society for Quality, which sat on as a board member on ANSI, owned the American National Accreditation Board 50%. The American National Standards Institute owned the American National Accreditation Board 50%. So it's 50-50, Mises. Dave Levy was sent there to try to destroy me. Well, I have a lot of information, as you most certainly will see when you look at Leanne's video underneath this video. And what happened is Dave Levy said, 'Mr. Goberman, ANAB has no problem with you. In fact, we support you, sir.' In 2016, Mr. Randy Dougherty, who at one time was the Vice President of ANAB and also the chairman of the International Accreditation Forum, Incorporated in Delaware, and also the principal on their tax report 990, which meant he controlled the whole ball of wax, he invited us to join either ANAB or IAF or both. But in 2015, I must very well caution you, Ted, that how as a proud American Jewish business leader, okay, join the IAF or ANAB when you find out that in 2015 Randy had handed it over to his communist Chinese national, Xia Xin, who is mandated by his country of origin to take our data through the China National Intelligence Law, Article Number 7. You find anything wrong with that? Well, you're just still counting your shares. Maybe you're not, but we did not join. We are proud of America, okay. But Boeing sits on ANSI's board, and ANSI and ANAB sit on the IAF. At that time, China was watching over you. You probably don't even know that, correct? I'm sure. So let's continue now with that supplier bulletin. What it says is this: send in your AS9100 certificate. That's the aerospace certificate, international aerospace certificate, and it's got to be ANSI ANAB accredited. Why, Ted? Let me just tell you this. Boeing sits on ANAB's board, on the board of directors, and also the board that can grant, suspend, and withdraw certification, okay, for ANAB. On your supplier portal, Ted, it states an ANAB or internationally equivalent, okay. You have them sitting on the board, supplier portal, and also you have them on the supplier bulletin. So you have it on the bulletin 2002, which I showed you. You have it on the supplier portal, which is number two, and number three is they sit on the board. So you have constriction, you don't have competition. Competition is healthy, would you say, Ted? Instead, you have a monopoly, and they forced that on me. And several years ago, there was a company in Garland, Texas, that wanted me and our services to accredit them to AS9100. And guess what? We approached there. We were on a conference call with these two ladies. They didn't know the cockpit from the tail from the bathroom, and they said, 'You have to be ANAB accredited, or else we can't use you.' Yet they were supplying materials to Boeing unaccredited for the last 20 years. They're an R&D. They do not research and development. They do overhaul and repair of parts from Boeing, and they didn't have it. Except now they started to mandate it because they want to keep that monopoly going, and we discovered that. So I've lost a lot of business because of improprieties at Boeing for breaking the Sherman Clayton Act, okay, antitrust, anti-competitive, and monopoly. You can see that right off the bat. So let me go back to this, all right, Ted. So you hand in your AS9100 certificate as long as it's ANSI ANAB accredited. I told you why Boeing sits on the board, and then you can send us your parts, and Boeing doesn't have to do any sort of supplier audits there because they save money because they attest to the quality certification that's ANSI ANAB accredited. They sit on the board. Right now, you have no oversight. That's why quality is in the trash. Furthermore, and to make this final, you have the factor, Ted, that in 2009, Boeing was made an FAA regulator. That means, you know, the ODA system. Boeing didn't have to tell. What happened is this: Boeing took that, you know, that I would say a most prestigious award as being an FAA regulator and utilized it to cut corners. Cut corners. That's what they did. Instead of grabbing it and running with it and being a cheerleader on the floor, the CEOs became an administrator and cut corners. Isn't that a tender moment? So we go back, and it says this: the FAA grants Boeing more autonomy in certification. The FAA increased the authority of Boeing's commercial airlines division to self-certify its own aircraft, and this is a section that talks about the ODA system. The system allows Boeing employees to perform tasks on behalf of the FAA that include oversight of testing and product standards along with certification of aircraft technologies. There's the ODA and new aircraft designs. So basically, what I'm saying to you again is when Boeing was made an FAA regulator, all of these guys, from Mr. Jim McNerney who brought the 737 Max to fruition, you have Dennis Muilenburg, and you have David Calhoun, who didn't know what the term—when he was asked, didn't know the term 'escape.' Escape is no more than a rejection, ladies and gentlemen, my fellow citizens. That's what it is. But in aerospace, they think it's a lessening in the air when they say escape rather than rejection. Rejection sounds too harsh. But anyway, I'm going to leave it here. I think I gave you enough. As I said, the first video down below, Leanne Caratt, she's the longest video, and sometimes the longest is the best. I apologize for the length of this as well, but my telephone number is 203-556-2680. But what I'm very distressed with is we have three major hitter shareholders, and they kept quiet, it appears, because you know you're making, you know, you have those type of shares, go to the news media. But maybe things are better. They don't. Things are passing you by. But I will say this from David Foster Wallace: 'Ted, the truth will set you free, but not until it is finished with you.' And it is not the droplet of water that wears away the mighty stone. From Confucius, it is Daryl Goberman's persistence. I thank you for coming.