Kentucky Files an Aerospace Flight Plan
Wednesday, January 02, 2019
State consortium is introducing members of $12B manufacturing sector to one another – and to the world
Kentucky’s aerospace industry has been on a fairly steep climb since 2014, when its size caught the attention of state officials.
In 2015, the value of all aerospace manufacturing exports reached $8.7 billion, making it the largest industry sector in the state by that measure. The following year, the value of exports hit $10.8 billion and in 2017 it was nearly $11.7 billion, almost three times the size of the next-largest sector (motor vehicles), according to the Kentucky Cabinet for Economic Development. As of August 2018, exports for the aerospace sector were running 5.9 percent ahead of the same period last year, meaning that the commonwealth’s aerospace exports are on pace to top $12.3 billion this year.