Boeing has designated their Arlington, Virginia campus located just outside of Washington, D.C. as their new global headquarters. Additionally, Boeing plans on developing a research & technology hub in the area to attract and harness engineering and technical capabilities.
On Thursday (May 5, 2022), Boeing announced that they have designated their Arlington, Virginia campus as the company’s new global headquarters. The Northern Virginia campus is located just outside of Washington, D.C., close to Boeing’s global customers and stakeholders. Currently, the aerospace and defense firm’s team in the region support various corporate functions and specialize in advanced airport development and autonomous systems. Additionally, Boeing plans on developing a research & technology hub in the area, with the goal of harnessing and attracting engineering and technical capabilities.
In Thursday’s announcment, Boeing’s President and Chief Executive Officer, Dave Calhoun, said,
“We are excited to build on our foundation here in Northern Virginia. The region makes strategic sense for our global headquarters given its proximity to our customers and stakeholders, and its access to world-class engineering and technical talent. We greatly appreciate our continuing relationships in Chicago and throughout Illinois. We look forward to maintaining a strong presence in the city and the state. We also want to especially thank Governor Youngkin for his partnership, and Senator Warner for his support as we worked through the process.
“In today's business environment, we have adopted a flexible work strategy in parts of our company and are taking steps to be more efficient within a reduced footprint. This helps us channel investments toward our critical manufacturing and engineering facilities and training resources.”
Commenting on the company’s new Northern Virginia Research & Technology hub, Boeing’s Chief Engineer and EVP – Engineering, Test and Technology, Greg Hyslop, added,
“The future of Boeing is digital. Focusing our R&D and talent development in areas that support digital innovation will fuel the introduction of cutting-edge capabilities. This new hub in Northern Virginia will follow the successful implementation of this technology strategy in other regions.”
Boeing’s three business units will remain at their current headquarters with Boeing Commercial Airplanes in Seattle, Boeing Global Services in Plano, Texas and Boeing Defense, Space and Security in Arlington, Virginia. In addition to internal operations, Boeing works with over 12,000 businesses supporting more than one million supplier jobs across the U.S. The company also has operations in over 65 other countries.
Boeing (NYSE: BA) is the world’s largest aerospace company and leading supplier of commercial airplanes, defense, space and security systems, as well as global services. The aerospace giant tops the list of the largest U.S. exporters, providing a significant positive impact to America’s annual GDP. Boeing supports government and commercial customers in over 150 countries and employs more than 140,000 team members worldwide. As Boeing continues to deliver for customers, they are committed to their legacy of aerospace leadership in technology and innovation and living the company’s core values of safety, quality and integrity.
Source: Boeing/PRNewswire