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Home Virginia 500 Federal Contractors/Technology: DAVID CALHOUN

Federal Contractors/Technology: DAVID CALHOUN

PRESIDENT AND CEO, THE BOEING CO., ARLINGTON COUNTY

Published August 29, 2022 by Virginia Business

Boeing made headlines in May when the company announced it would move its global headquarters from Chicago to Arlington. The aerospace company — the second largest defense contractor in the state and third largest in the world — has more than 140,000 employees worldwide, with 400 employed in Arlington. The company reported $62.2 billion in revenue in fiscal 2021, up from $58.1 billion the year before.

Calhoun has an accounting degree from Virginia Tech and started his career at General Electric Co., where he served as vice chairman and president, as well as CEO of its infrastructure business unit. He became CEO of Nielsen Holdings in 2006, and served as executive chairman from 2014 to 2016 after becoming senior managing director and head of portfolio operations for The Blackstone Group. He was tapped as Boeing’s president and CEO in January 2020, after serving on its board.

Boeing has faced problems with its 787 Dreamliner aircraft and was forced to ground some of its fleet while the Federal Aviation Administration investigated. In Virginia, Boeing has pledged $50 million to Virginia Tech’s Innovation Campus, where the company will open a career center for veterans and their families.

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