Aerospace and Defense in Florida

Florida's aerospace and defense industry is driven by a strong manufacturing base and strategic access to global markets through its three spaceports and extensive airport network. The state benefits from a skilled workforce, bolstered by military personnel transitioning to civilian roles and top educational institutions providing specialized training. A pro-business environment, competitive tax policies, and significant investments further enhance its appeal, solidifying its position as a hub for major players in the industry.

While the industry is booming, recruitment challenges remain within the sector. Here are some key examples: 

• Recruitment Challenges - The industry faces significant challenges in sourcing candidates with experience in electric powertrain systems and aircraft battery development. Aircraft electrification and UAV technology demand niche skills, and recruitment is further constrained by specific expertise requirements, particularly in safety and regulatory standards like those mandated by the FAA.

• Skills Gaps - There’s a skills gap in areas like open-source coding for autopilot systems and specialized knowledge of aircraft electrification. While recruitment often reaches into related fields, such as robotics for smaller aircraft and drones, aerospace-specific expertise remains critical at senior levels.

• Funding and Growth - Companies across various funding stages—from seed rounds to post-IPO—are navigating an evolving funding environment with tighter budgets than in previous years. To secure continued investment, businesses must hit project milestones and headcount targets aligned with specific growth objectives.