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Continues Boeing’s maintenance, repair and overhaul operational commitment for U.S. government customers Supports Boeing’s overall effort to optimize infrastructure and make best use of facility space JACKSONVILLE, Fla., Dec. 17, 2020 Boeing [NYSE: BA] has entered into a 25-year lease agreement with the Jacksonville Aviation Authority to grow its maintenance, repair and overhaul (MRO) operations at its Cecil Field site, located at Cecil Airport. Under the agreement, the Jacksonville Aviation Authority (JAA) will construct and lease to Boeing new facilities on approximately 30 acres located on the northeast side of Cecil Airport, near Boeing’s existing MRO site. The new construction will eventually house Boeing’s on-site operations and include nearly 270,000 square feet of hangar space and more than 100,000 square feet of office and support shop space. Construction work by JAA will begin in fall 2021 with a planned commencement of operations date in January 20 ....
The Boeing Co. reached a 25-year lease agreement with the Jacksonville Aviation Authority on Dec. 17 to expand its maintenance, repair and overhaul operations site at Cecil Airport in West Jacksonville that could result in up to 400 jobs. Under the agreement, JAA will build and lease facilities to Boeing on about 30 acres on the northeast side of Cecil Airport near Boeing’s existing facilities, according to a JAA news release. The site eventually will house Boeing’s on-site operations and comprise nearly 270,000 square feet of hangar space and more than 100,000 square feet of office and support shop space. Construction is scheduled to begin in fall 2021 with operations expected to begin in January 2024. ....