More than two decades after the Boeing Co. moved its headquarters from its Seattle birthplace to Chicago, the aerospace giant is planning to do it again — this time, heading for Arlington, Va.
Boeing confirmed a report about the move that appeared today in The Wall Street Journal. Arlington already serves as the headquarters for Boeing’s defense, space and security business unit, and the company said it would develop a new research and technology hub in Northern Virginia.
“We are excited to build on our foundation here in Northern Virginia,” Boeing’s president and CEO, Dave Calhoun, said in a news release. “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 didn’t provide a timetable for the HQ switchover.
The move to Arlington in the Washington, D.C., area reflects a classic corporate strategy to have the company’s executive offices close to where the federal government’s purchasing decisions are made.