Colorado’s Aerospace Industry By the Numbers: Fastest Growing in the U.S.!

Friday, July 24, 2020

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Colorado’s aerospace industry is growing rapidly and Metro Denver/Denver South is at the heart of this growth. The largest concentration of private aerospace employment is in Colorado with companies choosing the state for its proximity to vendors and customers, universities, and the ability to recruit top talent. 

Aerospace in Metro Denver and Parker


In the neighborhood: United Launch Alliance, Sierra Nevada Corporation, UP Aerospace Inc., Jeppeson, A Boeing Company, Oakman Aerospace Inc., BYE Aerospace, General Atomics, Lockheed Martin, Northrop Grumman, and Raytheon, among others.


“The Metro Denver and Northern Colorado region also has a strong cluster of companies involved in geospatial technologies, remote sensing, imaging, and related industries. Additionally, with major DoD, NASA, and commercial activities, Colorado is the U.S. center for military space. The state's four military commands—the primary customers for space-based research, development, acquisition, and operations—ensure industry growth.” (Metro Denver EDC)

Key Facts About Colorado

Government policies are in place to encourage continued economic growth. The state’s corporate income tax rate of 4.63 percent is one of the lowest in the nation and is based on single-factor apportionment, which allows companies to pay taxes based solely on their sales in the state. (State of Colorado; The Tax Foundation).

Aerospace Projects

Some of the aerospace projects being worked on in Colorado include:

  • Dream Chaser
  • InSight
  • IXPE Mission
  • Mars 2020
  • New Horizons
  • Orion
  • OSIRIS-REx
  • Wide-Field Infrared Survey Telescope
  • Joint Polar Satellite System
  • GPS IIII
  • GPS OCX
  • United Launch Alliance 
  • NextSTEP-2

Learn more about these projects here. 

Discover Parker’s Aerospace Industry

We invite you to contact us to learn more about the benefits of living, working and owning an aerospace business in Parker, Colorado. Email Darlene McCampbel, Economic Development Coordinator at dmccampbel@parkeronline.org for more information.

Resources

Category: Aerospace