The 25,000-square-foot facility expands the company’s ability to repair aging simulator components, store training equipment, and support relocations worldwide.
The university will organize its defense research around six mission areas, including radar, autonomous systems, advanced manufacturing, and workforce training.
The aerospace company generated positive operating cash flow during the second quarter, though it continued to report a net loss.
The advanced composite materials plant at Tulsa International Airport is expected to create more than 100 jobs.
The company reported 171 commercial airplane deliveries and 35 defense, space, and security deliveries during the quarter.
Company posted a GAAP loss of 11 cents per share, improved cash flow versus a year ago, and reported 143 commercial airplane deliveries.
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 State Chamber of Oklahoma's new chairman, Rick Nagel, has a history of growing Oklahoma's future workforce, having founded the Oklahoma Aviation Academy.
The Choctaw Nation of Oklahoma recently opened an aviation technology research facility with hopes of turning Southeast Oklahoma into a hub for aviation innovation.
The Oklahoma Workforce Commission gave Rose State College a $750,000 grant that will enable the college to launch Oklahoma's first associate in applied science degree in simulation technology.
