He served in these capacities for Boeing Commercial Airplanes from September 1, 2009, until his retirement on June 26, 2012.

He previously served as president and chief executive officer of the Boeing Defense, Space & Security business unit.

[3] Graduating in the same class with Albaugh was future Secretary of Defense James Mattis.

[7] Albaugh is a recipient of the Howard Hughes Memorial Award given "to an aerospace leader whose accomplishments over a long career have contributed significantly to the advancement of aviation or space technology."

He was elected to the National Academy of Engineering in 2011[8] for technical leadership in defense and commercial aerospace industry.