This week, the Milken Institute released it's "Best-Performing Cities (BPC) 2024: Focus on Sustainable Growth and Resilience" Report which evaluates the performance of 403 metropolitan areas across the US based on 13 indicators that cover labor market conditions, high-tech impact, and access to economic opportunities. Ogden-Clearfield, MSA leaps up to the #2
BAE Systems, a global defense and aerospace leader, has secured a $1.2 billion contract modification from the U.S. Air Force to continue providing critical engineering services for Intercontinental Ballistic Missile (ICBM) weapon systems at Hill Air Force Base, extending work through July 2027. The contract modification increases the total ceiling value of the ICBM systems
. The Northern Utah Economic Alliance (NUEA), in collaboration with 47G Utah Aerospace & Defense, is pleased to announce the release of the 2024 Northern Utah Aerospace & Defense Industry Study . This pivotal study offers a comprehensive analysis of Northern Utah's aerospace and defense sector, revealing key growth trends, economic impact, and
NUEA's 2024 Labor Profile highlights the key assets of Northern Utah; our highly skilled workforce, strong educational institutions, and diverse industries that drive our region’s economic success. Read more...
Today, the Utah Governor’s Office of Economic Opportunity awarded Precision Hermetic Technology a post-performance tax reduction for its expansion in Weber County. The corporate incentive is part of the state’s Economic Development Tax Increment Financing program. As part of the agreement, Precision Hermetic Technology projects adding 210 new, high-paying jobs in Utah during the next 10 years.
The Hill AFB Economic Impact Statement, released in March 2023 provides information about the economic impact of Hill Air Force Base on the surrounding community. It is made available to federal, state and local officials and the general public. An installation’s economic impact on the local community is calculated by identifiable off-base local area
Today the Utah Governor’s Office of Economic Opportunity (GOEO) awarded Northrop Grumman a post-performance tax reduction incentive. Northrop Grumman projects to add over 1,200 new high paying jobs in multiple locations in northern Utah. "Northrop Grumman, a longtime technology innovation leader in the state, has chosen to expand its footprint in Utah, and we're thrilled,"
VirnetX Teams Up with AI and Predictive Analytics Firm for Advanced Cybersecurity and Protective AI Offerings. OmniTeq announced in October 2023 their plans to bring 4,000 new jobs to Davis County Utah. The VirnetX / OmniTeq partnership will add an additional 400 jobs to Northern Utah. VirnetX Holding Corporation announced it has signed an agreement
PROJECT NOCTUA | $33M Capex | 4,000 jobs | 75,000 SF The Utah Governor’s Office of Economic Opportunity (GOEO) and the Economic Development Corporation of Utah (EDCUtah) are pleased to announce that OmniTeq plans to bring up to 4,000 new high-paying jobs and invest $33 million in Davis County during the next 10 years. “We
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