Arizona has the potential to become a world-class center for aerospace and defense (A&D) industries. The Aerospace and Defense Initiative will actively work to strengthen the state’s military and defense sector and make Arizona a more viable prospect for growing companies.
Governor Jan Brewer says, “Arizona has a rich history in the aerospace and defense industry - through our excellent reputation and corporate A&D presence statewide that provides well-paying, stable jobs for our state’s citizens. With a coordinated and streamlined plan for this important employment sector, we can take that to the next level and be the future hub for aerospace and defense, where companies from around the globe will want to do business.”
Each year the military and defense industries, one of the state’s strongest economic sectors, pump nearly $18 (B) billion into the state’s economy and create 190,000 jobs, which directly and indirectly impact Arizona (through military installations, $9.1B and private sector, $8.8B). With this in mind, SFAz is committed to propelling the state into the forefront of expanded and strengthened military-related industries.
Arizona is also home to prestigious colleges and universities involved in cutting edge technological research. Since careers of the 21st century require educated and skilled employees, the ADI will also address issues related to the availability of a well-qualified A&D workforce.
Science Foundation Arizona (SFAz), a nonprofit entity dedicated to promoting economically viable and promising scientific research in the state, has been designated to administer the initiative, and it has been launched with a $1.3Million grant.
The funding will be used for two purposes:
“The Governor’s support for research and development of critical industries sends a strong message that Arizona is a committed partner for the advancement of science and innovation,” said William C. Harris, president and CEO of SFAz. “This investment will help create a culture that the state is competitive in the 21st century economy.”
The Aerospace and Defense Initiative will utilize the state’s resources and expertise in the A&D industry from Prescott, Tucson, Phoenix and military installations statewide. Research and development projects will be funded through nonprofit, research-performing entities through a dollar-for-dollar match from A&D industries.