AEROSPACE

In greater Albuquerque a strong pool of qualified talent, a competitively priced operating environment with access to world class innovation assets allow greater Albuquerque to compete as a location of choice for high quality aerospace and aviation operations.

WHY ALBUQUERQUE?

With unparalleled intellectual capital assets, strong institutional capacity for program graduates, and nearly 16,000 employed in in Scientific Research and Development (2023) which complement aerospace sectors, greater Albuquerque offers unique strengths for companies seeking to locate and grow in a high-quality environment with a specialized set of skills.

#1

GROWTH MARKET FOR AIRCRAFT STRUCTURE AND SYSTEMS ASSEMBLERS

50%

GROWTH IN SEMICONDUCTOR MANUFACTURING 2018-2023

6x

MORE CONCENTRATED THAN THE US FOR ENGINEERING TECHNICIANS

INDUSTRY CLUSTERS

In Greater Albuquerque, aerospace cluster industries employ nearly 16,000 and is nearly 3x more concentrated regionally than within the Nation.

MAJOR EMPLOYERS

These industries have enjoyed comfortable expansions thanks to the unique assets anchored within the region.

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solaero logo
solaero logo
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RS21 Logo
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RS21 Logo

REACHING NEW HEIGHTS

Helping to fuel the region’s specialization in aerospace industries, secondary education pipelines provide a direct connection to employment for the future workforce.

1,357

TOTAL PROGRAM COMPLETIONS

47%

PROGRAM COMPLETIONS IN 2 YEARS OR LESS

24%

ADVANCED DEGREES

PROGRAMS AND INCENTIVES

BUILT FOR GROWTH

THE HIGH WAGE JOB TAX CREDIT

TECHNOLOGY JOBS AND R&D TAX CREDIT

MANUFACTURING INVESTMENT TAX CREDIT

LOCAL ECONOMIC DEVELOPMENT ACT (LEDA)

INDUSTRIAL REVENUE BOND (IRB)

JOB TRAINING INCENTIVE PROGRAM (JTIP)

AIRCRAFT MANUFACTURING AND MAINTENANCE SERVICES TAX DEDUCTION

SPACE GROSS RECEIPTS TAX DEDUCTION

DIRECTED ENERGY SYSTEMS GROSS RECEIPTS TAX DEDUCTION

COMMERCIAL OR MILITARY AIRCRAFT TAX DEDUCTION

MILITARY ACQUISITION PROGRAM TAX DEDUCTION

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