Manufacturing for aerospace and aviation relates to the fabrication, production and assembly of parts, components, equipment and vehicles for air and space travel in both the commercial and defense industries. Vehicles include airplanes, helicopters, satellites, shuttles and unmanned aerial vehicles (UAVs) or drones.
Vermont is home to a thriving $2 billion aerospace and aviation industry. According to the U.S. Economy Economic Impact of Civil Aviation by State done in September 2017 by the Federal Aviation Administration, the economic impact of civil aviation alone for the state of Vermont includes:
- $1.17 billion in economic output
- $298 million in earnings
- 9,505 jobs
Civil aviation, furthermore, represents 2.2% of Vermont’s gross domestic product (GDP).
Vermont is also home to industry leaders, such as GE Aviation and Collins Aerospace (formerly UTC Aerospace Systems), and an established, world-class supplier base of over 250 small and medium-sized enterprises (SMEs) with capabilities in the areas of:
- Aerospace design & engineering, aeromedical equipment, aircraft structures and sub-assemblies, aircraft airframes and engines, advanced ceramics, avionics, composites, electronics and electrical systems, fixtures and gages, fuel measurement, landing gears, plastics and polymers, precision machining, maintenance, repair & overhaul (MRO), sensors & sensing systems, turbomachinery, and wire and cable assembly.
World class primes from Airbus, Bell Flight, BAE Systems, Boeing, Bombardier, GE Aviation, and Lockheed Martin to Pratt & Whitney, Northrop Grumman, Robinson and Sikorsky, A Lockheed Martin Company rely on Vermont’s manufacturers to design, build and deliver the finest quality products with innovation, speed to market and competitive advantage. The Boeing Company, for example, has 23 suppliers and vendors based in Vermont representing an $88.1 million spend and supporting an estimated 2,800 direct and indirect jobs.
Market opportunities for Vermont in manufacturing for aerospace and aviation include:
- Close proximity and access to a $28 billion Canadian Aerospace industry for enhanced and integrated supply chain;
- Increasing demand for precision machining and tooling in the global commercial aircraft maintenance, repair and overhaul (MRO) market, a $100 billion market opportunity y 2023, in response to growing demand for maintenance services to handle the global fleet of commercial aircraft; and
- Production of next generation fuel-efficient aircraft with light-weight materials such as composites and advanced ceramics.
and Aviation Exhibitors