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Home News Aerospace
Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

OBV Staff by OBV Staff
August 6, 2025
in Aerospace, News, Workforce Development
Reading Time: 2 mins read
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Pictured from left to right: Xavier Neira, Sumer Jones, and Jose Gonzalez of Premium Aerospace Center Oklahoma LLC (PAC) have signed a strategic long-term lease with the Oklahoma Space Industry Development Authority (OSIDA) to expand into a 130,000 sq ft hangar. The lease agreement was executed by Grayson Ardies, Executive Director of the Oklahoma Department of Aerospace and Aeronautics, in his capacity as CEO of OSIDA.

BURNS FLAT (OBV) – Western Oklahoma is set to become a bigger player in the aerospace industry after Premium Aerospace Center Oklahoma LLC (PAC) signed a long-term lease to expand its operations at the Oklahoma Air & Space Port. The agreement with the Oklahoma Space Industry Development Authority (OSIDA) will bring a $65 million private investment to the 2,700-acre aerospace complex, adding a new 130,000-square-foot hangar capable of servicing the largest commercial aircraft in the world.

The deal, finalized Thursday during a ceremonial signing, covers nearly 12 acres and includes additional office space, aircraft parking and advanced paint operations. PAC’s new hangar will feature one of only seven wide-body 130ºF paint ovens in the country, enabling the company to handle both traditional maintenance, repair and overhaul (MRO) services and specialized paint work for large aircraft like the Boeing 777X.

“This investment is set to generate 200 new jobs in western Oklahoma,” said Rep. Nick Archer, R-Elk City. “It marks a crucial launching point for companies eager to make their mark in the exciting new aerospace frontier.”

PAC has operated at the Air & Space Port for just over two years, focusing on aircraft painting and maintenance. The company’s expansion is planned in four phases, with up to 600 jobs expected as operations grow. To support that growth, PAC is partnering with Western Technology Center and local workforce development leaders to cultivate a skilled technical workforce.

“Oklahoma is leading the way for aerospace expansion and workforce development, and we are ready for business,” said Sen. Brent Howard, R-Altus, noting the importance of aligning education and training with industry needs.

“With this agreement, we are strengthening Oklahoma’s position in the global aerospace market,” said OSIDA CEO Grayson Ardies. “The Air & Space Port is much more than a launch site—it’s an ecosystem for innovation and industry.”

The Oklahoma Air & Space Port—also known as Burns Flat or Clinton-Sherman Airport—is one of only 14 FAA-licensed spaceports in the nation. It features one of the longest runways in North America, an FAA-approved spaceflight corridor, and an adjacent industrial park equipped for aerospace operations. The facility recently became part of the Oklahoma Department of Aeronautics and Aerospace following a state-level merger designed to streamline growth initiatives.

Tags: AerospaceAircraftBoeingBurns FlatEconomyGrowthHangarJobsOklahomaRepresentative Nick ArcherSenator Brent Howard
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