Tag: Defense

An outstanding workforce, welcoming business climate, exceptional quality of life and unprecedented financial resources are drawing aviation industry leaders to Northwest Florida.

Locations are attracting aerospace & defense companies with highly educated workers, advanced manufacturing capabilities, and supply chain networks.

Here’s a look at five key forces reshaping the geography and evolution of the innovation economy, courtesy of the team of advisors at Resonance.

In Alabama, aerospace, aviation, and defense firms continue to expand, while “down to earth” industries also grow.

Post-pandemic growth is propelled by policies that keep an eye on what companies are seeking for success. 

Maryland Gov. Larry Hogan says that a combination of a great location, educated workforce and a streamlined attitude toward business is helping the state create the right image in the business world.

Defense contractor KBR will expand its operations with a new headquarters facility and retain its 1,100-person workforce in Huntsville, AL.

BlueHalo will retain 260 jobs and create an additional 64 jobs at its new 200,000-square-foot Albuquerque, NM campus.

Alabama’s "Rocket City" has been selected as the preferred location for the headquarters of the new U.S. Space Command.

Mississippi remains at the forefront of the nation’s aerospace industry as leading, innovative companies continue to grow in the state, creating the high-tech, in-demand jobs of the future.

The armor steel supplier will establish new operations and create 100 jobs in York County, SC.

Israel Aerospace Industries Ltd. will invest in new headquarters operation and create more than 50 new jobs in Fairfax County, VA.

The cyber security technology provider will expand its operations at the Georgia Cyber Center in Augusta, GA by adding more than 80 new jobs.

Two buildings in Courtland will house the hypersonics programs' assembly, integration and testing; management and engineering will be located in Huntsville.

The aerospace company will make a multimillion-dollar investment to upgrade its existing facilities at the Oklahoma City Air Logistics Complex based at Tinker Air Force Base.

The security and aerospace company will create 326 new jobs with the expansion of its center of excellence in Camden, AR.

Commercial aircraft production and military defense spending will directly affect the growth trajectory of the aerospace and defense industry in 2019.

The company will retain and grow its workforce to more than 13,000 jobs over the next 17 years, with help from up to $63 million in state incentives. 

Nations around the world are increasing their defense budgets; the sophisticated weaponry of the U.S. aerospace industry guarantees it will get a big slice of the pie.

The 2017 outlook finds global aerospace and defense industry revenues expected to surge to two percent growth, driven by higher defense spending.