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Boeing to move headquarters to metro D.C. area from Chicago

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Boeing announced it will move its corporate headquarters from Chicago to its Arlington, Virginia campus just outside Washington, D.C.

From KING-5 TV:

Boeing Co. said Thursday it will move its headquarters from Chicago to the Washington, D.C., area, where company executives would be closer to key federal government officials.

The company said it will use its campus in Arlington, Virginia, as the new headquarters, and it plans to develop a research and technology hub in the area.

“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,” Boeing CEO David Calhoun said.

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Boeing is a major defense contractor, and the move will put executives close to Pentagon leaders. Rival defense contractors including General Dynamics, Lockheed Martin and Northrop Grumman are already based in the D.C. area.

Company executives would also be near the Federal Aviation Administration, which certifies Boeing passenger and cargo planes.

Boeing’s relationship with the FAA has been strained since the deadly crashes of its best-selling plane, the 737 MAX, in 2018 and 2019. The FAA took nearly two years — far longer than Boeing expected — to approve design changes and allow the plane back in the air. Certification of new Boeing planes will take longer too.

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Boeing’s roots are in the Seattle area, and it has assembly plants in Washington state and South Carolina. The company moved its headquarters to Chicago in 2001 after an unusually public search that also considered Dallas and Denver.

Posted by Steve on May 5, 2022 at 2:30 pm | Permalink

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