This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Boeing Realigns Research & Technology Unit For Growth And Productivity

CHICAGO, Dec. 12, 2013 /PRNewswire/ -- Boeing (NYSE: BA) today announced it will establish technology research centers in Alabama, California, Missouri, South Carolina and Washington as it continues to lay the foundation for increased competitiveness and future growth.

The company will restructure its Boeing Research & Technology organization, the company's central research-and-development unit, through the establishment of research centers in Huntsville, Ala.; Southern California; St. Louis; North Charleston, S.C.; and Seattle.

The new centers will operate independently but cooperatively with one another and with Boeing technology centers in Australia, Brazil, China, India, Spain and Russia. The international centers conduct research to benefit the environment, aviation safety, air traffic management and other areas.

"We are reorganizing and realigning our research-and-technology operations to better meet the needs of our Commercial Airplanes and Defense, Space & Security business units, as well as our government R&D customers," said Greg Hyslop, vice president and general manager of Boeing Research & Technology. "Our customers have a common need for new technology that can be integrated quickly and efficiently into current products and production lines, as well as enable new market-leading products and services. With these changes, we are enhancing our ability to provide effective, efficient and innovative technology solutions."

Earlier this year, Boeing announced the geographic diversification of its Information Technology organization, as well as engineering design centers within Boeing Commercial Airplanes. BR&T's realignment continues the company's strategy of pursuing future growth and competitiveness while consistently delivering on the company's promises to its customers.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs