Boeing to move defense unit headquarters out of St. Louis

Markets Associated Press

Boeing Co. will move the headquarters for its defense unit from St. Louis to the Washington, D.C., area.

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The move announced Tuesday by Chicago-based Boeing affects about a dozen top executives and some support staff. It will not impact the day-to-day operations for defense workers in St. Louis.

A Boeing spokesman told the St. Louis Post-Dispatch (http://bit.ly/2gxDuL6 ) the move reflects the company's desire to be closer to those in power in Washington, and is unrelated to recent criticism from President-elect Donald Trump over the potential cost of the Air Force One presidential jet program.

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Information from: St. Louis Post-Dispatch, http://www.stltoday.com