Boeing Announces $247 Million Contract for Additional Business in Arizona

Boeing Announces $247 Million Contract for Additional Business in Arizona as State Prepares to Host Conference at Arizona Biltmore

Arizona Commerce Authority Discusses State’s Leadership and Advantages in Aerospace and Defense

PHOENIX, AZ (October 28, 2010) – The Arizona Commerce Authority looks forward to welcoming attendees to Aviation Week’s Aerospace and Defense Supply Chain Conference being held at the Arizona Biltmore November 1-3, 2010. The Aerospace and Defense industries together represent one of the largest sectors of Arizona’s economy with an $8.8 billion gross state product providing more than 93,800 jobs.

“Arizona is renowned for its strength and rich history in aviation and aerospace,” said Rob Morton of the Arizona Commerce Authority. “The state’s affordable business costs, relatively low taxes, and competitive regulations have made it home to many of the Aerospace and Defense industry’s top companies. The Arizona Commerce Authority’s mission is to attract corporations looking for a better operating environment and a better place to collaborate and grow. We are privileged to host industry leaders at the Arizona Biltmore.”

On October 25, 2010 Boeing announced $247 million in new aerospace and defense business in Arizona. The company will begin initial production of the U.S. Army’s AH-64D Apache Block III helicopter, the most advanced multi-role combat helicopter in the world.

“Since the early 1980s, Boeing has successfully produced helicopters and developed new technologies in Arizona,” said Tony Ham, Boeing Mesa site leader. “With the recently announced contract award for Apache Block III production, and additional work on other programs, our company leaders anticipate a continued and growing relationship with the people and industry within the state.” For more on the Boeing announcement visit http://tinyurl.com/BoeingArizona.

The Arizona Commerce Authority works with private companies to identify and leverage incentives offered by the state as well as local communities and municipalities. Representatives from the Arizona Commerce Authority will be at the Arizona Biltmore throughout the conference. For more information on the conference visit: http://www.aviationweek.com/events/current/adsupply/index.htm.

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Media Contact:

Nicole McTheny, Senior Vice President, Communications and Marketing

Arizona Commerce Authority

602.845.1231 or nicolem@azcommerce.com 

About the Arizona Commerce Authority:

The Arizona Commerce Authority (ACA) is the state’s leading economic development organization with a streamlined mission to grow and strengthen Arizona’s economy. The ACA uses a three-pronged approach to advance the overall economy: recruit, grow, create – recruit out-of-state companies to expand their operations in Arizona; work with existing companies to grow their business in Arizona and beyond; and partner with entrepreneurs and companies large and small to create new jobs and businesses in targeted industries. Visit AzCommerce.com for more.