“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.
The move marks a win for Virginia’s Republican Gov. Glenn Youngkin, who campaigned last year on a promise to bring new businesses and jobs to the state.
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. 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.
Hamilton predicts Boeing will stay in Renton as long as it builds 737s and will then eventually consolidate local operations to Everett.
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