Aviation and Aerospace

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New Mexico has long been a haven for aviation and aerospace enthusiasts, researchers, and major companies. The state has been involved in space exploration since President Kennedy's first pledge to put a man on the moon. Lovelace Clinic, now Lovelace Respiratory Research Institute, tested the nation's first astronauts, and the two national labs and the Air Force Research Laboratory have developed equipment for many NASA missions. These days, New Mexico is still at the forefront of space exploration with Spaceport America, the world’s first commercial spaceport between Socorro and Las Cruces, leading the way.

The business climate in New Mexico encourages and supports strong and resilient industries. The city of Albuquerque has set aside 300 acres for the development of the local aviation cluster and the state offers a variety of financial incentives as part of its commitment to developing its economic base. A few of these incentives include:

  • The Aircraft Manufacturer Tax Deduction provides a gross receipts (sales tax) deduction for all receipts of an aircraft manufacturer, or affiliate, from the sale of aircraft or aircraft parts, services performed on aircraft or aircraft components, aircraft flight support, pilot training, or maintenance training services.
  • The Aerospace Research and Development Tax Deduction allows a gross receipts tax deduction for sales of R&D services sold to, or for resale to, a 501 c(3) organization for resale to the US Air Force.
  • The Aircraft Manufacturing Investment Tax Deductionis a state incentive available for qualifying manufacturing operations that provides a credit equal to five per cent of the value of qualified equipment and other property used directly and exclusively in a manufacturing operation 

Aviation and Aerospace Top Employers

With the presence of Kirtland Air Force Base and the Air Force Research Lab, the development of the avionics/aerospace industry in New Mexico has flourished.

aspen-avionicsAspen Avionics makes glass cockpit components for aircraft.
Photo courtesy Aspen Avionics.

 

Top Industry Players Include:

 

Other Major Aviation and Aerospace Firms

Aviation and Aerospace Resources

Education & Job Training

 

Albuquerque Economic Development Village of Los Lunas Sandoval Economic Alliance Estancia Valley Economic Development Mid-Region Council of Governments
New Mexico Gas Company PNM Belen Economic Development Corporation NAIOP

Contact Info

Ingenuity Central
809 Copper Avenue NW
Albuquerque, NM 87102
505-247-1750
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