Wednesday, June 23, 2010

Funds to stimulate aerospace jobs

The president submitted to Congress last week a fiscal year 2011 budget amendment that targets up to $100 million toward spurring regional economic growth and job creation in the aerospace industry. The amendment would provide up to $40 million in aid for Florida's Space Coast and a maximum of about $60 million for other affected regions. The funds would be made available from the Constellation Program transition element of the agency's exploration request. The amendment does not increase the total of the administration's fiscal year 2011 budget request. (Source: NASA, 06/21/10) Gulf Coast note: Stennis Space Center, Miss., and Michoud Assembly Facility, New Orleans, are both involved in Constellation.