Loading...

Boeing to Relocate Headquarters to Arlington

May 5, 2022 by Dan McCue
Boeing to Relocate Headquarters to Arlington
The logo for Boeing appears on a screen above a trading post on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)

CHICAGO — Boeing revealed today that it is relocating its headquarters from Chicago to Arlington, Virginia, and will establish a major research and technology hub at its new location.

“We are excited to build our foundation here in Northern Virginia,” said Boeing chief executive Dave Calhoun in a written statement.

“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 technology talent,” Calhoun said.

With the relocation Boeing joins other federal government defense contractors, including Lockheed Martin, General Dynamics and Northrop Grumman, in having its headquarters in the Washington, D.C., metro area.

Boeing’s new research and technology hub in Northern Virginia will focus on developing cybersecurity, autonomous operations, quantum sciences and software and systems engineering, the company said.

This is the second relocation of the  aerospace giant’s headquarters in just over 20 years. It moved its headquarters from its longtime base in Seattle, Washington, in 2001.

U.S. Sen. Mark Warner, D-Va., said Thursday that he’s been making the case to Boeing senior leadership to choose Virginia for “well over a year.”  

“Late last year, I was happy to learn that my efforts were successful,” he said. “As the former governor of Virginia, I was proud to secure Virginia’s standing as the best state for business and the best-managed state, among other honors, and I’ve been proud to work in my role as senator to help continue to cultivate the kind of pro-business environment that world-class companies like Boeing need to grow and thrive.”

The state’s current governor, Republican Glenn Youngkin, said he was thrilled “one of America’s great pioneering businesses” has decided to headquarter in Virginia.

“The decision to call Virginia home shows that the commonwealth is the premier location for aerospace companies,” Youngkin said. “I look forward to working with Boeing to attract even more talent to Virginia, especially given its reputation for engineering excellence. From day one, our goal has been to make Virginia the best place to live, work and raise a family. I want to thank Boeing, its CEO Dave Calhoun and its leadership for choosing Virginia.” 

A markedly different tone was struck by Chicago Mayor Lori Lightfoot, who said in a statement, “Chicago is a world-class city and in the last year 173 corporations relocated or expanded here, and 67 corporations have made that same decision since the start of 2022. 

“While Boeing has decided to move their headquarters to another city, they will still maintain a presence in Chicago,” she continued. “We have a robust pipeline of major corporate relocations and expansions, and we expect more announcements in the coming months. What remains to be true is that Chicago is a major hub for global corporations that recognize our diverse workforce, expansive infrastructure and thriving economy.” 

Dan can be reached at dan@thewellnews.com and @DanMcCue

In The News

Health

Voting

Business

July 4, 2022
by Dan McCue
ExxonMobil, Shell to Pursue Carbon Capture and Storage Hub in China

IRVING, Texas — ExxonMobil and Shell are partnering with two Chinese entities — the China National Offshore Oil Corporation and... Read More

IRVING, Texas — ExxonMobil and Shell are partnering with two Chinese entities — the China National Offshore Oil Corporation and Guangdong Provincial Development and Reform Commission — to evaluate the potential for a world-scale carbon capture and storage project in China. The joint study seeks to... Read More

June 29, 2022
by Reece Nations
Companies Embrace Future of Work Trends Post-COVID

SAN ANTONIO — The pandemic may have been the catalyst for workplaces around the country to adapt and solve common... Read More

SAN ANTONIO — The pandemic may have been the catalyst for workplaces around the country to adapt and solve common issues experienced before COVID-19 forced companies to change their everyday operations. Although the economy has largely recovered from COVID-19 following unprecedented legislative action, some companies aren’t... Read More

June 29, 2022
by Alexa Hornbeck
US Chamber of Commerce Health Summit Prioritizes Role of Value-Based Care

WASHINGTON — Attendees at the 9th Annual Health Summit held by the U.S. Chamber of Commerce focused on the role... Read More

WASHINGTON — Attendees at the 9th Annual Health Summit held by the U.S. Chamber of Commerce focused on the role of putting the consumer at the center when it comes to the business of health care. “At this point it's a public and private partnership with... Read More

June 21, 2022
by Dan McCue
Business Groups Pushing Back Hard on SEC Emissions Reporting Proposal

WASHINGTON — Business groups and corporate lobbyists were among those pushing back hardest as the deadline elapsed Friday on a... Read More

WASHINGTON — Business groups and corporate lobbyists were among those pushing back hardest as the deadline elapsed Friday on a Securities and Exchange Commission proposal that would require companies for the first time to disclose their carbon emissions and climate change risks to investors. In March,... Read More

June 15, 2022
by Dan McCue
Amazon, Cartier Sue Social Media Influencer, Businesses, Over Counterfeits

SEATTLE – Amazon and Cartier filed joint lawsuits against an unnamed social media influencer and eight businesses on Wednesday on... Read More

SEATTLE – Amazon and Cartier filed joint lawsuits against an unnamed social media influencer and eight businesses on Wednesday on claims they advertised, promoted, and facilitated the sale of counterfeit luxury goods through Instagram and other websites. The federal lawsuits, filed in the Western District of... Read More

US Has Over 750 Complaints That Teslas Brake for No Reason

DETROIT (AP) — More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on its partially... Read More

DETROIT (AP) — More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on its partially automated driving systems have suddenly stopped on roadways for no apparent reason. The National Highway Traffic Safety Administration revealed the number in a detailed information request... Read More

News From The Well