MAG Aerospace to add 120 jobs, invest $5.5 million to expand corporate headquarters in Fairfax County
Fairfax County, Virginia – Governor Ralph Northam today announced that MAG Aerospace, the leading independent provider of outsourced aerial intelligence, surveillance and reconnaissance (ISR) services, will invest $5.5 million to relocate and expand its corporate headquarters 12730 Fair Lakes Circle in the Fairfax area of Fairfax County. Virginia successfully competed against Alabama and North Carolina for the project, which will create 120 new jobs.
“Fairfax County provides an essential proximity to customers, along with the dedicated and talented workforce to serve those customers,” said Joe Fluet, MAG CEO. “Making Fairfax our new home allows MAG to focus further on its growth and vision of making the world smaller and safer. We’re proud to call Fairfax County our home for years to come.”
MAG Aerospace operates more than 200 manned and unmanned special mission aircraft for about 100,000 flight hours on six continents annually. MAG’s world-class, tactical-technical-intelligence experts execute manned and unmanned ISR operations, training, and technical services, as well as chartered fixed and rotary wing operations, for federal, international, civilian, and commercial customers worldwide.
The company is leasing 26,000 square feet of space on Fair Lakes Circle. The office features a display of MAG operations around the world and their impact on U.S. missions. The space is built out with LED lighting, and the company is exploring additional sustainability ideas for employees.
“Aviation and aerospace companies have represented one of Fairfax County’s strongest industry sectors, and we are delighted to welcome MAG Aerospace to that roster,” said Gerald L. Gordon, Ph.D., president and CEO of the Fairfax County Economic Development Authority (FCEDA). “This has been a strong cluster because of the county’s skilled workforce and proximity to important customers in the public and private sectors, and MAG is enhancing our visibility in that sector even further.”
The FCEDA worked with the Virginia Economic Development Partnership (VEDP) to secure the project for Virginia. Northam approved a $500,000 grant from the Commonwealth’s Opportunity Fund to assist the county with the project. The company will be eligible to receive a Major Business Facility Job Tax Credit, and funding and services to support MAG Aerospace’s employee training activities will be provided through the Virginia Jobs Investment Program.
MAG Aerospace is a 2016 graduate of VEDP’s award-winning Virginia Leaders in Export Trade (VALET) Program. VALET is an application-based, two-year international export acceleration program. The company received the 2016 Commonwealth of Virginia Governor’s Award for Excellence in International Trade.
“It was a priority to keep MAG Aerospace’s headquarters in the Commonwealth, and we are pleased this industry leader has chosen to remain and grow in northern Virginia,” Northam said. “The Commonwealth is on the cutting edge of unmanned aircraft operations, maintenance, support, and analytics due to our unique combination of R&D assets, acclaimed universities and industry training programs, and skilled pipeline of talent. Virginia is proud to have MAG Aerospace on its corporate roster, and we thank the company for creating 120 high-quality, 21st-century jobs in Fairfax County.”
Time magazine called Fairfax County “one of the great economic success stories of our time.” Business growth and innovation helps Fairfax County fund one of the nation’s most prestigious school systems and other public services that contribute to the quality of life of residents. Fairfax County offers businesses a state-of-the-art infrastructure, access to global markets through Washington Dulles International Airport, a vibrant investment capital community and a highly skilled and well-educated workforce.
The award-winning Fairfax County Economic Development Authority promotes Fairfax County as a business and technology center. The FCEDA offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County. In addition to its headquarters in Tysons Corner, Fairfax County’s largest business district, the FCEDA maintains marketing offices in six important global business centers: Bangalore, Berlin, London, Los Angeles, Seoul and Tel Aviv. Follow the FCEDA on Facebook, Twitter and LinkedIn.
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