September 30, 2020
Breaking News

Aerospace Corporation expands at Colorado Springs Airport – Colorado Springs Business Journal

By Heidi Beedle

On July 22 the Aerospace Corporation announced a planned $100 million expansion to their existing facility at the Colorado Springs Airport’s Peak Innovation Park. The research and development facility is scheduled for completion in spring 2022, and will add 200 technical employees to its workforce, according to a press release.

Aerospace Corporation is a nonprofit, which sets it apart from other defense contractors, like its Innovation Park neighbor Northrop Grumman. “Aerospace operates as a federally funded research and development center (FFRDC),” said Jean Michael, general manager of the Space Enterprise and Warfighting Division in Colorado Springs. “As an FFRDC our job is to assist and advise the government on technical matters across the space enterprise.”

The company has been involved in America’s space missions since 1960, when it was tasked with converting the Atlas, Titan and Minuteman missiles into space boosters. “Aerospace brings 60 years of expertise and experience in the challenge of advancing the nation’s missions in space, solving the hardest problems, and our presence in Colorado Springs dates back to the 1970s in support of what is now Schriever and Peterson Air Force Bases across various programs, and we see this work not only here locally, but across the nation growing,” said Michael. “That’s why we decided to build a new facility.”

Aerospace has been at Peak Innovation Park since 2006. “We’re the technical support arm, if you will,” said Michael. “Aerospace has roles and supports activities for the government across the