- A statement from Aery Aviations Vice President on the deal
- What Aery Aviation plans to do with the $15.3M
Aery, which was founded in 2016, provides aerospace design, engineering, systems integration, modifications, certification, maintenance, and flight operations solutions for domestic and foreign governments, and corporations and individuals in the private sector. Aery Aviation plans to build a new 60,000-square-foot hangar facility with access to the Newport News/Williamsburg International Airport runway and an engineering technology center to expand capabilities in maintenance and modification services for its clients, according to a news release. Aery Aviation is eligible to receive benefits from the Virginia Enterprise Zone Program. Funding and services to support employee training will be provided through the Virginia Jobs Investment Program.
“Aery has enjoyed the partnership with the Newport News community and airport staff over the last four years,” Aery Aviation Executive Vice President Scott Beale said in a statement. Their support and the pro-business environment led Aery to make this investment, Beale said.