Boeing facilities are seen in Los Angeles, California, U.S. April 22, 2016. REUTERS/Lucy Nicholson/File Photo

Boeing facilities are seen in Los Angeles, California, U.S. April 22, 2016. REUTERS/Lucy Nicholson/File Photo (Copyright Reuters 2016)

Boeing to revamp defense, space and security business

Features Reuters

Boeing Co said on Tuesday it would revamp its defense, space and security business and close its sites in El Paso, Texas and Newington, Virginia.

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The world's biggest planemaker said the consolidation would increase employment in Los Angeles County; St. Louis, Missouri and Huntsville, Alabama.

Boeing's defense, space and security business accounted for 31.4 percent of its total revenue in the quarter ended Sept. 30.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Anil D'Silva)