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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Boeing Co | NYSE:BA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
3.91 | 2.33% | 171.75 | 173.86 | 167.50 | 167.73 | 6,206,102 | 01:00:00 |
ARLINGTON, Va., June 19, 2019 /PRNewswire/ -- To strengthen collaboration and integration across its portfolio, Boeing [NYSE: BA] is relocating the headquarters of its Space and Launch division to Titusville, on Florida's revitalized Space Coast.
Space and Launch, a division of Boeing Defense, Space & Security, currently has its headquarters in Arlington, Virginia.
"Looking to the future, this storied Florida space community will be the center of gravity for Boeing's space programs as we continue to build our company's leadership beyond gravity," said Boeing Defense, Space & Security President and Chief Executive Officer Leanne Caret. "The time is right for us to locate our space headquarters where so much of our space history was made over the past six decades and where so much history awaits."
In announcing the relocation of the headquarters to a region that includes Kennedy Space Center, Cape Canaveral Air Force Station and Patrick Air Force Base, Boeing leaders said the timing of the move makes sense for multiple reasons:
"Boeing has been a dominant presence on the Space Coast for six decades, and this move represents a continuation of that legacy and future commitment," said Jim Chilton, senior vice president of Space and Launch. "Expanding our Boeing presence on the Space Coast brings tremendous value for our commercial and government space programs through focused leadership, strategic investment, customer proximity and additional contributions to the vitality of the region."
The headquarters move will have no impact on Boeing's space operations in other states, including California, Texas, Alabama, Colorado and Louisiana.
"Boeing will continue to be a dynamic space presence in its existing locations, contributing to the vitality of those aerospace hubs, collaborating with our regional partners, and inspiring future generations of space engineers, technicians and innovators," Chilton said.
For more information on Defense, Space & Security, visit www.boeing.com. Follow us on Twitter: @BoeingDefense and @BoeingSpace.
Contact:
Dan Beck
Defense, Space & Security
Office: +1 703-414-6447
Mobile: +1 562-243-7082
daniel.c.beck@boeing.com
View original content:http://www.prnewswire.com/news-releases/boeing-space-and-launch-headquarters-moving-to-floridas-space-coast-300871316.html
SOURCE Boeing
Copyright 2019 PR Newswire
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