Thursday, December 3, 2020

Hangar cost rises

PENSACOLA, Fla. - Pensacola is set to break ground on the second hangar for ST Engineering Aerospace after the city council approved an amended construction contract that is $6 million more than the original contract. The original contract approved in December 2019 was $45.6 million, but the new one with Brasfield and Gorrie is $51.6 million. Much of the increased cost is the inclusion of a warehouse facility in Hangar 2 that was initially planned as a stand-alone building. The city is building a $210 million complex for ST Engineering that will eventually include four hangars for maintenance, repair and overhaul work. It's expected to bring 1,325 jobs to the campus at Pensacola International Airport. (Source: Pensacola News Journal, 12/03/20)