Boeing is giving Virginia Tech $50 million to help launch new campus
Education
Boeing is giving Virginia Tech $50 million to help launch new campus
By
Nick Anderson
May 4, 2021 at 5:00 a.m. EDT
Boeing is giving Virginia Tech $50 million for financial aid and other measures to build and diversify the graduate technology campus the public university is developing in Northern Virginia. ... Announced Tuesday, the multiyear donation from the aerospace giant and defense contractor will be the largest corporate gift to the university based in Blacksburg and will match Virginia Techs largest gift ever. It reflects the interest companies are showing in an educational project in Alexandria near the site of the new Amazon headquarters.
Construction of the Virginia Tech Innovation Campus, as it is known, is expected to begin in the fall. Plans call for the first building to open in 2024 with a focus on research and graduate education in computer science and computer engineering. The goal is to grow to about 750 masters degree students and 200 doctoral students.
David Calhoun, Boeings chief executive, said the companys gift is meant to promote a skilled and diverse workforce. Calhoun said Boeing has eyed the campus closely in the years since it emerged as a venture to boost Virginias successful bid for the new Amazon headquarters. (Jeff Bezos, chief executive of Amazon, owns The Washington Post.)
We want to be one of the early players on the campus, Calhoun said in a videoconference interview Monday. Its location, next to policymakers, is going to matter. ... Calhoun graduated from Virginia Tech in 1979 with a bachelors degree in accounting.
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Nick Anderson covers higher education and other education topics for The Washington Post. He has been a writer and editor at The Post since 2005.