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Idaho Governor Butch Otter has signed bill H.417, which exempts sales tax on aircraft parts installed on out-of-state aircraft. An emergency clause included in the legislation makes the bill take effect immediately.
“This is an excellent piece of legislation that creates a net financial gain for the state of Idaho,” said Jeff Mihalic, president of Western Aircraft. “It immediately levels the playing field and will create good-paying aviation jobs at Western Aircraft and at many of the other FAA-
Aerospace-related economic development remained a top priority for the State lawmakers during the 2012 Legislative Session, with Space Florida's current $10 million budget remaining stable through the upcoming fiscal year. As part of this commitment, a first-time award of $4 million in recurring funds was also approved for the organization.
In addition to Space Florida's budget, several critical, aerospace-related bills were passed
South Florida’s industrial corporate base has received a boost with the opening of the 65,000-square-foot headquarters of Aerospace Technolgies Group in Boca Raton.more»
The Florida Cleantech Acceleration Network Program (FL-CAN) has collaborated with universities within the State University System of Florida to produce an extensive list of laboratory facilities geared towards cleantech industries.more»
BBA Aviation Plc (BBA), the world’s biggest provider of bases for business jets, plans to spend $300 million on U.S. acquisitions this year as demand for private planes in emerging markets remains in its infancy.
London-based BBA is focused on a U.S. market that provides 75 percent of sales, Chiefmore»
How Can the Igniting Innovation (i2) Capital Acceleration Program Help You Succeed?
The Igniting Innovation (i2) Capital Acceleration Program, is offered by the Technological Research and Development Authority (TRDA) with support from Space Florida.
The following information was released by the Aircraft Owners and Pilots Association:
The Florida House has voted to expand a sales tax exemption to most light general aviation aircraft
Pratt & Whitney’s engines power a wide range of military aircraft in operation around the world, but 2011’s developments in the Joint Strike Fighter (JSF) Lightning II program made the company’s year–especially as its F135 became the sole powerplant for all three Lockheed Martin JSF variants: the conventional F-35A, STOVL F-35B and carrier-based (CV) F-35C.more»