State Rep. Tess Teague will host an interim study concerning an Oklahoma aerospace program the state never funded from 2006-2016 on Oct. 3 at noon in Room 206 of the Capitol.
In 2006, the Oklahoma Legislature created the Center for Aerospace and Defense Supplier Quality (CADSQ). The state never funded the program, so the Oklahoma Aeronautics Commission (OAC) eventually absorbed CADSQ until administrative budget cuts caused the commission to defund the program last year.
During its lifespan, CADSQ assisted Oklahoma companies to become qualified suppliers for the U.S. Department of Defense and prime contractors. The program also improved the supplier base for state military installations, created 1,379 Oklahoma jobs, generated $72 million in new business and brought in $237 million in total economic impact to the state.
“This interim study will highlight what made CADSQ so successful and look at how we can expand capability,” said Teague, R-Choctaw. “I am also planning on introducing new legislation I am calling the Aerospace Commerce Economic Services – or ACES – Act. It is my hope for ACES to replicate CADSQ success and build upon the strong base even further by modeling ACES after a similar program in Utah, which has garnered $3.6 billion in economic impact and created 72,000 jobs in the same amount of time as CADSQ has existed.”
Scheduled speakers include Vic Byrd from the OAC, Vince Howie from the Oklahoma Department of Commerce and Kori Ann Edwards, Sr. Vice President at Logistic Specialties, Inc., which oversees the successful Utah program.
The study is open to the public.