Stark Aerospace: Stark Aerospace investing $61.5M, adding 96 jobs

COLUMBUS - Global aerospace and defense company Stark Aerospace is expanding in Lowndes County, investing $61.45 million and adding 96 jobs to support a new contract with the U.S. Navy. Stark Aerospace's contract is to build missile canisters for the Mark 41 Vertical Launching System, an on-board missile canister launching system. The contract includes additional options that, if exercised, can increase the cumulative value of the contract to $312.8 million. "We are honored and excited to have been selected for this important project. This contract not only reflects our team's hard work and dedication but also underscores our capability to deliver high-quality products that meet the rigorous standards of our U.S. Military and the warfighters," said Stark Aerospace President and CEO David Alabed. "We look forward to working closely with the U.S. Navy and contributing to the success of this vital initiative." The Mississippi Development Authority is providing assistance for infrastructure improvements. The agency also is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program. "This contract is a huge win for Stark Aerospace and the Golden Triangle," said Golden Triangle Development LINK CEO Joe Max Higgins. "It brings quality jobs, strengthens our economy and highlights the world-class manufacturing happening right here in Mississippi. We're proud to support Stark as they contribute to our national defense and regional growth." Construction is scheduled to be complete within the next year, with new jobs being filled immediately. "For nearly two decades, Stark Aerospace has been a cornerstone of Mississippi's aerospace and defense industry, renowned globally for its innovative contributions to national security and the security of our allies," said MDA Executive Director Bill Cork. "The Mississippi Development Authority is proud to support Stark Aerospace as it embarks on this significant contract with the U.S. Navy, creating nearly 100 new jobs for the talented workforce of the Golden Triangle."