Governor Ralph Northam announced that Dynamic Aviation, will invest $47.9 million to expand its operation in Rockingham County.
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The company will establish a new 13,000-square-foot facility for office space and a composite shop, and a 33,000-square-foot hangar to house its legacy aircraft, including the first Air Force One. Virginia successfully competed against multiple states for the project, which will create 207 new jobs.
Founded in 1967 and headquartered in Rockingham County, Dynamic Aviation delivers customized aerial assets and services to support a wide range of customers, including national defense, military intelligence, federal agencies, state and local governments, non-profit research organizations, and private companies.
The company has the flexibility and resources to deliver world-class aviation solutions that combine mission-modified aircraft, experienced flight crews, and comprehensive maintenance services. Dynamic Aviation operates a 300,000-square-foot heavy maintenance and modifications center, engine shop, and privately owned airport at its headquarters in Bridgewater, Virginia.
The company employs more than 750 aviation professionals, owns over 140 aircraft, and operates from 18 locations in 11 countries across five continents.
The Virginia Economic Development Partnership (VEDP) worked with Rockingham County and the Shenandoah Valley Partnership to secure the project for Virginia and will support Dynamic Aviation’s job creation through the Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities.
As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens. ■
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