The letter reads in part:. It is an export-oriented industry that we must not take for granted, as its location here is optional not dependent on the locally serving population. Accordingly, it's critical that we ensure this all-important industry can continue to research, design, create, build and export here.
Stability in state tax policy through AB will help ensure this by continuing a successful, sensible law that reflects and accommodates the realities of an evolving industry that supports both large and small businesses and suppliers working on a wide variety of programs and technologies including satellites, unmanned aircraft systems, space launch vehicles and space flight propulsion systems. Assembly Bill is also on the table in Sacramento.
It would establish a member California Aerospace Commission that would serve as a central point of contact for aerospace industry businesses. AB should pass easily — I didn't see any opposition. And the same thing with the aerospace commission bill.
It looks like it's supported in every committee. We're hoping it gets replicated with other EDC offices. SoCal's aerospace industry is also overlapping with advanced transportation, creating new markets and new opportunities. It's a very dynamic period to be part of the aerospace community here.
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