ACES – Formed in 2018, Oklahoma Aerospace Commerce Economic Services (ACES) is a statewide program for advancing Oklahoma’s aerospace industry by bringing together a comprehensive partnership of aerospace and defense organizations and companies, academia and government agencies.
The mission of AEIP is to “Bring together educators and industry members to create the aerospace workforce of tomorrow” by introducing the aerospace industry to 3-12 grade teachers of Science, Technology, Engineering and Math (STEM).”
Aerospace companies hiring engineers in a variety of fields will receive a tax credit equal to five (5) percent of the compensation paid to an engineer until January 1, 2026, or ten (10) percent if the engineer graduated from an Oklahoma college or university (up to $12,500 per employee per year), plus another credit of up to fifty (50) percent of the tuition reimbursed to an employee until January 1, 2026. Additionally, the engineer hired receives a tax credit of $5,000 per year until January 1, 2026.
The Oklahoma Aeronautics Commission’s mission is to promote aviation, which includes ensuring that the needs of commerce and communities across Oklahoma are met by the state’s 110 public airports that comprise the state’s air transportation system, and ensuring the growth and vitality of the state’s aerospace industry.