MELBOURNE, Fla.--(BUSINESS WIRE)--Melbourne International Airport (MLB) announced today that it will be home to one of the country’s most sought-after economic development projects — bringing a potential $500 million capital investment in the coming years to the Space Coast Florida community.
Dubbed “Project Magellan” during its quiet phase, aerospace and defense giant Northrop Grumman was revealed as the corporation ready to bring up to 1,800 jobs with average annual wages topping $100,000. This is an expansion for Northrop Grumman, who first landed on the Space Coast 51 years ago to build Apollo’s lunar lander, which put man on the moon.
“Northrop Grumman gave the Space Coast the boost it needed in its post-space shuttle economy,” said MLB Executive Director Richard Ennis. “We share this success with every school, every business, every leader and every resident of the Space Coast area. We have not just survived; we have thrived. We are Space Coast proud.”
Indeed, signs proclaiming #SpaceCoastProud are appearing in store fronts and car windows throughout the area.
Melbourne Airport Authority chairman William Potter also expressed admiration for those joined together toward the common goal of job replacement. “From the Governor, to the Department of Economic Opportunity, to Space Florida, Brevard County, City of Melbourne and the Economic Development Commission, we extend our appreciation,” he said. “We are extremely grateful to Northrop Grumman for making this very substantial investment in our community.”
Determined to attract projects that would bring job replacements, the airport embarked on an economic development program in 2005 that has not only attracted new business to the job-thirsty Space Coast area; it kept the big guns, like Northrop Grumman, in the backyard.
“This brings home the message that MLB provides a business environment conducive to growth,” said Potter. “We keep our promises, pure and simple. While other airports are struggling with timelines to design and build water lines and tarmacs, we are able to say, ‘Start tomorrow. We’re ready for you.’ The cost savings to the tenant are sometimes in the millions.”
Fast becoming a leader in aviation and aerospace development, MLB is located on the central Atlantic coast of Florida and is home to Northrop Grumman, General Electric, Rockwell Collins, LiveTV, Embraer, MidAirUSA, Harris Corp. and L3 Communications, among others. www.MLBair.com