What Happened
State Industry Generates Significant Economic Activity
A new study released by the Oklahoma Department of Aerospace and Aeronautics shows that the state’s aerospace and defense industry generates $52.5 billion in annual economic activity and supports more than 250,000 jobs. The industry has demonstrated resilience and growth despite the COVID-19 pandemic, with its success attributed to a combination of factors including economic competitiveness, workforce strength, and a pro-business environment. This was reported by Morningstar.