Florida #2 BEST STATE For Business
May 15, 2019 — Florida ranks #2 Best State to do Business by Chief Executive Group.
Category: Business Community
More BIG CONTRACTS Announced
May 6, 2019—Northrop Grumman Corp. was awarded a one-year, $38.7 million contract by the U.S. Navy to provide software support for its E-2D Advanced Hawkeye. Most of the work will be performed in Melbourne, where Northrop Grumman has more than 3,000 workers.
TALENT PIPELINE
March 15, 2019—New STEM degree programs to help boost employment are coming to Florida Tech and UCF. In 2019, the University of Central Florida and Florida Institute of Technology are launching two new STEM (science, technology, engineering and mathematics) programs to help boost talent production.
Viera Town Center is GROWING UP
March 14, 2019—Soon we’ll see yet another new hotel going up in Viera’s Town Center. The hotel will have 118 suites, and like the 116-room Fairfield Inn & Suites that opened up in May 2018, it is being developed by the Sycamore Investment Group which also owns and operates the Hampton Inn in Viera.
The Space Coast is ON THE MOVE
March 14, 2019—Industry publication SpaceNews chose the Space Coast as its “Turnaround of the Year” award winner for 2018 and calls the Space Coast an “early front runner” for turnaround of the decade.
GO FOR LAUNCH
February 19, 2019—Manned test flights are on the schedule for this year, working toward the day when astronauts are once again lifted into space aboard vehicles launched from the Space Coast.
BIG 3 CONTRACT WINNERS
December 21, 2018–The year is ending with good news on Florida’s Space Coast. Three firms with a big Space Coast presence are big winners with nine defense industry contracts totaling more than $280 million announced in the timeframe of Dec. 10-17, 2018, capping what is already described as a banner year.
Harris Corp INVESTING ON THE SPACE COAST
December 10, 2018 — The good news is Harris Corporation plans to invest $125M in Florida in this fiscal year, netting additional high-paying jobs and further securing its reputation as an innovation leader.
A MERGER OF GIANTS
October 15, 2018 – Harris Corporation and L3 Technologies, Inc. have agreed to combine in an all stock merger of equals to create a global defense technology leader. The combined company to be named L3 Harris Technologies, Inc., will be the 6th largest defense company in the U.S. and a top 10 defense company globally, with customers in over 100 countries.
Embraer to Build MORE PRIVATE JETS in Brevard
October 15, 2018–Embraer has introduced a pair of new private jets named Praetor 500 and Praetor 600. The Praetor 500 can fly nearly 3,700 miles, more than 300 miles further than the Legacy 450 on which it’s based.
Viera—In Center of High Tech Growth
September 19, 2018 — Melbourne-based Harris Corp. was awarded a $500 million contract by the U.S. Defense Intelligence Agency to perform services on a program called HELIOS.
Central Florida Contracts Worth $1B
Sep 4, 2018 — The Boeing Co. and Lockheed Martin Corp. won three government contracts on Aug. 30, 2018 for more than $1 billion total bringing work to Orlando and the Space Coast.
Cruise Business Expands
August 29, 2018 — “The decision to base the new ship on the Space Coast continues a decades-long relationship and reinforces Carnival Cruise Line’s position as Port Canaveral’s number one cruise operator,” according to Port Canaveral spokesperson.
Proposed Aquarium
August 31, 2018 — Market research suggests that the aquarium could attract an average of 575,000 people a year, generate an estimated 50,688 nights a year in hotel room rentals, support 675 direct jobs, 262 spinoff jobs and $85.54 million in total economic impact on the area.
Lockheed Martin and Northrup Grumman contracts benefit our region
July 25, 2018 — Two of the biggest defense companies in the world scooped up additional contracts.
Lockheed Martin’s Aeronautics Co. won a 3-year contract for $175.3 million for the U.S. Navy for development, testing and activation of 13 different F-35 component repair capabilities in support of the F-35 Lightning aircraft.