Boeing Moving Jobs away from Washington State

Boeing Moving Jobs away from Washington StateAccording to a news release by Boeing, the company could bring in up to five hundred jobs to the St. Louis area as it plans to relocation defence services away from the Washington state.

Yesterday, Chris Chadwick the Boeing Defence Space and Security Chief Executive Officer said in a statement

"This is necessary if we are going to differentiate ourselves from competitors and stay ahead of a rapidly changing global defence environment."

Relocation of work includes Airborne Warning and Control Systems, Airborne Early Warning and Control and the F-22 Raptor. The company says that the process could take around three years and may affect 2,000 employees.

In December Chadwick took over the defence unit and has been since then looking forward to cut down on spending of around $2 billion from additionally to the $4 billion savings that is already in hand.

He trying to find ways in which the military business can apply technology and manufacturing know-how for developing the company's commercial jet business.

Living costs in Seattle are more expensive than the U. S. average and making an opening for operations elsewhere would give the second-largest defence contractor of the government a chance to reduce spending.