Boeing facilities are seen in Los Angeles, California, U.S. April 22, 2016. REUTERS/Lucy Nicholson/File Photo
BENGALURU: Boeing Co, the world’s biggest planemaker, said on Tuesday that it would close some plants and move jobs as it consolidates its business that makes military aircraft and weapons.
The move, which includes shutting plants in El Paso, Texas and Newington, Virginia, will help the company reduce the manufacturing area by about 4.5 million sq ft by the end of 2020, Boeing said in a statement.
The company also said it would create a new global operations group that would include its defense units in Australia, Saudi Arabia, and UK. The unit will he headed by David Pitchforth, managing director of the company’s UK defense unit.
The company said some 1,600 positions will move to Los Angeles County, California, 500 to St Louis, Missouri and about 400 to Huntsville, Alabama.
Boeing’s defense, space and security business, which had about 48,000 employees as of Oct 27, accounted for 31.4% of the company’s total revenue of US$23.9bil (RM103bil) in the latest quarter. - Reuters
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