![]() LEDA incentives are used to support expanding businesses. Albuquerque, New Mexico Area Coordinates the installation, upgrade, and conversion of alarm systems, access controls, and surveillance hardware. IRBs are bonds issued by a governmental entity to finance economic development projects. Project documents show the company has applied for a $16 million industrial revenue bond (IRB) and for $2.5 million in Local Economic Development Act incentives (LEDA). The Albuquerque City Council on June 22 is scheduled to consider incentives for Blue Halo related to its Albuquerque expansion. BlueHalo achieved another important growth milestone by receiving final approval of a 16 million industrial revenue bond (IRB) and 2. In total, the company now occupies 163,000 square feet in Albuquerque. Blue Halo, an aerospace engineering and defense firm based in Virginia, had planned a 200,000-square-foot development as part of the Max Q project but pulled away from it in March 2022. The facility is the company's fourth in Albuquerque. Martin Heinrich (D-NM) called the $1.4 billion contract an investment that further positions New Mexico "as the go-to destination for all things space."īlueHalo, which previously planned to build a 200,000-square-foot development at the planned Max Q business park in Albuquerque, has instead set its sights on an existing building at 10800 Gibson Blvd. In a statement, BlueHalo sector president Dan Gillings said "this program creates 60 new engineering and manufacturing jobs and presents a unique opportunity for the customer, BlueHalo, and key suppliers to be co-located within the Albuquerque area.”Ī representative for BlueHalo was unable to be reached for immediate comment.īased in Arlington, Virginia, BlueHalo employs 300 people in Albuquerque, spokeswoman Tiffany Sevieri told Business First in March. ![]() (NASDAQ:KTOS), according to a release from the company. BlueHalo will partner with Kratos Defense & Security Solutions Inc. The federal Space Rapid Capabilities Office announced the contract award on May 24. Space Command requirement to rapidly, responsively and affordably augment satellite control capacity for the satellite control network, as it provides tactical control links to U.S. Space Force for the satellite communication augmentation resource (SCAR) program.Īccording to the Space Force, the SCAR program "will address the critical U.S. ![]() ![]() Engineering company BlueHalo has been awarded a $1.4 billion government contract from the U.S. ![]()
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