Aerospace Announces Change to Corporate HQ

On March 21, 2024, Aerospace issued the following press release.

The shift will bring Aerospace’s CEO and corporate functions closer to key customers and stakeholders in the Washington D.C. area. The company will maintain its nationwide employee presence, including its workforce of 2,800 people in El Segundo. Aerospace plans to invest $100 million at its El Segundo campus to advance the state-of-the-art engineering, research, and laboratory capabilities based there. There are no plans for the significant relocation of current employees as a result of this change.

“The space domain has transformed over the last decade, reshaped by rapidly advancing threats, cutting-edge technologies and a fast-growing commercial sector,” said Steve Isakowitz, president and CEO of The Aerospace Corporation.

“Aerospace has taken a leading position navigating through this change as we accelerate our efforts to outpace the threats we face in space. By shifting our headquarters to the Washington, D.C. metro region, we will deepen our ties with key decision makers and stakeholders, and reaffirm our commitment to working side-by-side with our partners as they carry out our nation’s critical missions.”

The space domain has undergone profound change in recent years, including dramatic growth in U.S. government and commercial space investment, the establishment of the U.S. Space Force, the re-creation of U.S. Space Command, and the need for greater technical support to integrate diverse capabilities. This has resulted in a shift of Aerospace’s technical support from traditional functions to emerging needs, as well as a growing nationwide presence to work alongside an increasingly diverse customer base, including the Department of Defense, the Intelligence Community, NASA, and other civil agencies.

Along with the announced shift of corporate functions, Aerospace reinforced the company’s commitment to Southern California with the announcement of a $100 million investment at its main engineering and technology campus in El Segundo. This investment will further Aerospace’s unmatched innovation and technical expertise, while strengthening ties with the region’s leading technical workforce, talent base, and universities. Aerospace’s national customer base will continue to rely heavily on the engineering and research expertise based in El Segundo, and Aerospace is investing in its technical infrastructure to drive greater connectivity and collaboration across all of the company’s locations.

Leave a Reply

Your email address will not be published. Required fields are marked *