The company will bring to Arlington what better-known firms have not been able to provide yet: More jobs in a county with growing office vacancies.
Both of those companies moved their headquarters to Arlington earlier this year, putting them a stone’s throw from the Pentagon — and seemingly cementing the area’s ties to the defense sector, analysts said.
The firm’s expansion includes 10,000 additional square feet of new space there that Youngkin toured on Tuesday, plus another 10,000 square feet that Technomics CEO Al Leung said the company was actively searching for. The county depends on commercial properties to generate about half of its overall tax revenue. But the arrival of major defense contractors has not reversed the trend of office buildings emptying out during the coronavirus pandemic.Boeing said its decision to shift its headquarters to Virginia has not created any new jobs at its facility in Crystal City.
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