Impact Imminent

Article originally posted on Phoenix Business Journal on June 13, 2025

Lunar space station testing in Gilbert. Air taxi development in Phoenix. Billion-dollar missile manufacturing in Tucson.

These Arizona-based endeavors — being shepherded by Northrop Grumman, Honeywell Aerospace Technologies and Raytheon, respectively — reside on the bleeding edge of a defense and aerospace boom that already employs thousands in the Grand Canyon State.

These futuristic initiatives are inching closer to reality every day, and Arizona plays a huge role in their development. They represent just a fraction of a sector that continues to drive economic activity throughout the state, offering the opportunity for diversified growth beyond the much-ballyhooed semiconductor industry.

Of the 482 active business expansion or relocation projects currently in the Arizona Commerce Authority’s pipeline, 67 are related to businesses in the aerospace and defense (A&D) sector, the ACA confirmed.

Find Complete Article Here: https://www.bizjournals.com/phoenix/news/2025/06/13/inside-arizonas-aerospace-and-defense-industry.html