Boeing on Tuesday broke ground in Oklahoma City, Okla., on the new building that will house the company’s B-1 bomber program and C-130 Avionics Modernization Program offices. The six-story facility, which the company will lease, will have 320,000 square feet of space. Both programs are moving to Oklahoma City from Long Beach, Calif., under a cost-saving plan that the company announced last August. “Today’s groundbreaking was born out of our need to be competitive, to affordably deliver these programs for our customers, and enable future growth, and to continue to serve the warfighters we are so honored to support,” said Dennis Muilenburg, president and CEO of Boeing’s defense business area, in the company’s release.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.