Aerospace: Colorado ranks 3rd in nation

Colorado is home to the nation’s third largest space economy, providing support, resources and workforce to promote innovation and industry leadership. Colorado’s aerospace and satellite companies provide an estimated 130,000 direct and indirect jobs, generating more than $4 billion a year in revenues.With more than 100 companies in the sector, ¬†products include guided missiles and space vehicles, satellite telecommunications, search/detection instruments, interplanetary spacecraft, space launch systems, space imaging, ground systems, antennae, satellites and electro-optic instruments. Before the national economic slowdown, projections anticipated industry revenues to increase to $7 billion and employment to rise to 232,000 direct and indirect workers by mid decade.

Industry-leading companies in Colorado include:

  • Ball Aerospace
  • Lockheed Martin
  • Boeing
  • Raytheon
  • Northrupp-Grumman
  • Space Imaging
  • Echostar

(Source: Colorado Office of Economic Development and International Trade, http://www.colorado.gov/cs/Satellite/OEDIT/OEDIT/1167928382073; edited for space)