Boeing has announced that it is moving its global HQ from Chicago to its Arlington, Virginia campus just outside Washington, D.C.
The aerospace and defence firm's employees based at Arlington support various corporate functions and specialize in advanced aircraft development and autonomous systems.
Boeing said that in addition to designating Northern Virginia as its new headquarters, Boeing plans to develop a research & technology hub in the area to harness and attract engineering and technical capabilities.
"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," said Boeing President and Chief Executive Officer Dave Calhoun.
Boeing said it will maintain a significant presence at its Chicago location and the surrounding region.
"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," Mr Calhoun said.
Boeing said that over the past two years, it has implemented flexible and virtual solutions that have enabled the company to reduce its office space needs. At its Chicago office, less office space will be required for the employees who will continue to be based there. Boeing will adapt and modernize the workspace to better support future work requirements.
"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," Mr Calhoun said.
As part of its effort to tap into engineering and technology talent across the U.S and around the world, Boeing plans to establish a research and technology hub in Northern Virginia. The hub will focus on developing innovations in the areas of cyber security, autonomous operations, quantum sciences and software and systems engineering.
"The future of Boeing is digital," said Greg Hyslop, Boeing's chief engineer and executive vice president of Engineering, Test and Technology. "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, the country's largest exporter employs more than 140,000 people and is hiring as the commercial market recovers and the company invests in production, innovation and product development. The company's three business units will continue to be based at their current headquarters, which include:
- Boeing Commercial Airplanes in Seattle, Wash.
- Boeing Global Services in Plano, Texas
- Boeing Defense, Space and Security in Arlington, Va.
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