According to the company, the investments will fund veterans workforce transition services and recovery and rehabilitation programs through 2021 and beyond.
"During this challenging time, Boeing is proud to partner with leading veterans organizations to provide our global veteran communities and their families with essential workforce transition support, and recovery and rehabilitation programs that address mental health," said Boeing President and CEO Dave Calhoun.
The announcement builds on Boeing's commitment to "combat racism and advance racial equity and social justice across our society," the company said.
In addition to the investments package, Boeing also announced a 4.5-million-dollar partnership with the Institute for Veterans & Military Families to establish Future Force, a workforce training, recruitment and placement program for veterans.
Since 2017, Boeing has donated 41.6 million dollars in support of veterans programs globally, according to the company.
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