Oklahoma Aerospace Set to Overtake Energy
A new study reveals Oklahoma aerospace and defense has reached a $52.5 billion economic impact. The sector is projected to overtake oil and gas as the state's top economic driver by the early 2030s amid rising employment.
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Oklahoma's aerospace and defense sector reached a statewide economic impact of $52.5 billion, putting it on track to overtake oil and gas as the state's top economic driver by the early 2030s. The sector expanded despite historical disruptions, including pandemic-era manufacturing freezes and the grounding of BOEING CO's 737 Max fleet. State officials project the growth will smooth out commodity-driven boom-and-bust cycles across local communities.
