Aerospace

Jefferson County has the highest concentration of aerospace employees in Metro Denver, with more than 30% of the region’s aerospace employment.

Engineered for Success

A growing part of Colorado’s proud aerospace industry resides in Jefferson County, which accounts for more than 30% of the aerospace employment in the Metro Denver region. These industry leaders include Lockheed Martin Space Systems, Ball Aerospace and Technologies Corporation, Trimble Navigation, and Moog Broad Reach. Aerospace industry employees in Jefferson County earned an estimated $629 million in wages in 2016, or an average annual salary of $104,520.

Jefferson County is proud to be home to the Colorado School of Mines, a public research university that houses NASA’s Center for Commercial Applications of Combustion in Space and the Center for Space Resources. Mines is a member of the Universities Space Research Association and has been internationally recognized for its leadership in engineering, applied sciences and related disciplines.

With its highly educated workforce, world renowned research institutions, and globally positioned companies, Jefferson County is a high-tech hub for aerospace companies.

Local
Industry
Snapshot

Number of Companies

42

Direct Employment

6,049

Average Wage

$104,520

Did You Know?

  • Colorado continues to be a leader in the aerospace industry ranking 2nd in the nation for both private aerospace employment as a percentage of total employment, and in total private-sector employment.
  • Jefferson County has the highest concentration of aerospace employees in Metro Denver, with more than 30% of the region’s aerospace employment.
  • Colorado is the third largest recipient of SBIR grants and received the third-highest NASA prime contract awards in the nation.
  • Colorado has the second highest number of private aerospace employees in the nation and is the first for private aerospace employment per capita.
space related jobs

Nearly 170,000 space-related jobs in Colorado

$3.2 billion annual payroll

$3.2 billion annual payroll in Colorado

Jeffco average salary

Average salary of $104,520

17% space employment growth

17% space employment growth 2003-2013

Jeffco’s Aerospace Industry Cross Section

With a pro-business environment and competitive tax structure, Jefferson County
and the state of Colorado are committed to growing the aerospace industry.

Resources

The following resources were recently created to support and help fund the industry:

  • Advanced Industries Accelerator Programs – provides grants for Proof-of-Concept, Early-Stage Capital and Retention, Infrastructure funding and Advanced Industries Exports for aerospace companies.
  • Aerospace Sales and Use Tax Exemption – allows taxpayers to be exempt from sales and use tax for qualified properties used in space flight.
  • Procurement Technical Assistance Center (PTAC) satellite office – provides assistance to businesses in marketing products and services to prime contractors as well as federal, state, and local governments.
  • U.S. Patent and Trademark Office – helps entrepreneurs advance cutting-edge ideas to marketplace, grow their business, and more efficiently navigate the world’s intellectual property system.

 

Additional incentives are available for job creation and training, tax rebates, infrastructure improvements, and much more. Please contact Jeffco EDC for more information 303.202.2965.

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