Defense manufacturer AeroVironment, Inc. plans to expand its Albuquerque campus and more than double its workforce in the next decade, the company announced alongside New Mexico Economic Development Department officials Tuesday morning.
Company officials said they would expand the footprint of their Albuquerque hub near Kirtland Air Force Base with a $30 million investment. They said they expect to generate about 450 jobs and $670 million in economic impact in the next 10 years. The state pledged $5 million to the effort and Albuquerque pledged $1 million, under the state’s Local Economic Development Act.
The company manufactures drones and other tools that support space missions…