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 its new headquarters, and it plans to develop a research and technology hub in the area.
“The decision to call Virginia home shows that the Commonwealth is the premier location for aerospace companies," Youngkin said in a statement. “I look forward to working with Boeing to attract even more talent to Virginia especially given its reputation for engineering excellence.” 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., which certifies Boeing passenger and cargo planes.
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. Rep. Peter DeFazio, chairman of the House Transportation Committee, which investigated Boeing and the FAA after the Max crashes, criticized Boeing’s move to be closer to federal policy makers.
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