Jan 2025

L3 Harris: Florida's Aerospace Giant Drives Growth with Major Expansions on Florida's Space Coast

L3 Harris is set to further strengthen its presence on Florida's Space Coast with two major expansions. A satellite integration facility will create 100 jobs, with an average salary of $100,000, while an advanced microelectronics facility will add another 100 high-paying roles. These projects represent a combined capital investment of over $200 million, boosting the local economy.

Space Coast Soars into Top 10 on Milken Institute’s 2025 Best-Performing Cities List

Florida’s Space Coast rockets to #9 on the Milken Institute’s 2025 Best-Performing Cities list, marking a 120-spot rise in job growth and 62-spot jump in wage growth. This surge reflects the region’s booming aerospace, manufacturing, and tech sectors. With strong growth across industries, the Space Coast is now second in wage growth and ranks 12th for high-tech GDP concentration among large metros.

EDC Annual Meeting: Pursuing what's next on Florida’s Space Coast

As we count down to the EDC’s Annual Meeting on February 5, 2025, join us at Premiere Theaters Oaks 10 for an exclusive briefing on the latest economic developments shaping Florida’s Space Coast. Hear from industry leaders about the critical role the EDC plays in advancing growth and innovation in our region. Secure your seat today—spaces are filling up quickly!