IncSmart Kansas (Small Business and Startups) - Boeing research shows growth for Kansas aerospace industry. India alone will need 2,100 new commercial aircraft over the next 20 years. This projects India’s 20 year demand as part of Kansas and the supply side industries effected by Boeings growth. The area is home to notable aerospace and defense OEMs, including Boeing, the Hawker Beechcraft Corporation, Bombardier Learjet, Cessna, Spirit Aerosystems, and Airbus Americas.
Wichita Kansas is known as the Air Capital of the World. Wichita is home to the largest groups commercial aerospace companies. The local economy is powered by aviation manufacturing. Wichita and its local supply chain, builds 70 percent of every 737 Boeing delivers. Wichita based Spirit Aerosystems have been in talks with Boeing related to prices for parts. Spirit AeroSystems announced that it is poised to ramp up the production rate on the Boeing 737 program from 42 airplanes per month to 47 per month. The current unemployment rate for Wichita is 4.3% in May 2016.
By IncSmart Staff Writer
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