Page 23 - AAA SEPTEMBER - OCTOBER 2022 Online Magazine
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COURTING




           SUCCESS








         OKLAHOMA WOOS AEROSPACE AND                                   our very concerted and organized effort to
         DEFENCE COMPANIES, BOTH LOCAL                                 develop and grow our aerospace and defence
                                                                       ecosystem.”
         AND INTERNATIONAL,  WITH
         INCENTIVES, AFFORDABLE LABOUR,                                Multipronged Approach
         AND CLEAN ENERGY
                                                                       The concerted effort to promote the sector is
                                                                       spearheaded by Governor Kevin Stitt and has
          ARUN SIVASANKARAN                                           the backing of state agencies, universities,
                                                                       and schools in the state, says Camp. “We
        Aerospace and defence, the second largest industry in Oklahoma,   have 29 tech centers across the state; nearly
        had an economic impact of US$44 billion in 2017. Being second   twenty of them have aerospace programmes.
        doesn’t sit well with Geoffrey Camp, State Director of Aerospace   That helps us develop the  workforce. We edu-
        & Defence.                                                     cate children in primary schools about STEM.

        “My personal goal is to make aerospace and defence the largest   All three of the major universities in the state
        industry in the state,” says Camp, who has been at the helm for   have research institutions set up to feed the
        over two and a half years. “Energy is the number industry and   aerospace and defense sector.”
        is worth about US$62 billion. When we measure again at the     Ensuring a steady stream of talent is just
        end of the year, I expect the gap between the two sectors to be   one of the ways in which the state is wooing
        in single digits. Ideally, I would like to get to the point where we   companies. “We offer incentives and credits
        have at least half a billion dollars of capital investment in the   that will help businesses get established; we
        state year over year in aerospace and defence, and about 3,000   also help them mitigate some of their costs
        new jobs. I think it is very achievable.”                      for personnel,” says Camp. “We also have

        “We are a very small state with limited resources, a state of   an engineering tax credit it is US$ 5000 per
        only 4 million people,” says camp. “On paper, we have no busi-  engineer for five years, and up to US$12,500
        ness competing with states like California, Texas or Florida   for the business for that engineer as well.
        that have a large number of resources. We continually win      Two of the largest  maintenance, repair, and
        against those states because of who we are. The competitive    overhaul facility (MRO) facilities in the world
        edge that Oklahoma has over others states and regions is       - the Tinker Air Force Base that has about

        ASIAN AIRLINES & AEROSPACE                                                   SEPTEMBER-OCTOBER 2022 | 23
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