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  • Thursday, November 21, 2024

Report: Former Boeing Defense CFO Troy Lahr to Join SNC’s Sierra Space Subsidiary

Troy Lahr stepped down as chief financial officer of Boeing‘s (NYSE: BA) defense, space and security business and will join Sierra Nevada Corp.‘s space subsidiary to serve in the CFO role, Reuters reported Friday.

He will succeed outgoing CFO Robert Rodgers, who has led financial and capital structure initiatives at Sierra Space since SNC formed the subsidiary last year.

The move comes more than four months after Sierra Space raised $1.4 billion in a Series A funding round. The business said in November it will use the funds for the development of Dream Chaser, a spaceplane designed to help NASA bring cargo to the International Space Station.

Lahr joined Boeing in 2012 as senior manager of the company’s mergers and acquisitions and he was later elevated to vice president of investor relations, according to his personal LinkedIn. His other previous roles at the Chicago-based aerospace and defense contractor were CFO of the autonomous systems business and controller for the defense segment.

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