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Aeronautics Economic Development Fund

The development strategy for this fund is to impact job creation and investment opportunities in Tennessee’s aviation industry.  Our aviation facilities are critical to the economic development of communities across the state.   This is a reimbursement grant initiative with a combined total of $20,000,000 available for award in fiscal year 2019.

Tennessee’s aerospace sector has a rich combination of research assets, capital investment opportunities, advanced manufacturing expertise, accessibility to educational resources, and workforce capacity. This environment provides an excellent opportunity for new or expanding aerospace programs and activities.

Congratulations to the recipients of our FY 2019 Aeronautics Economic Development Fund.

Award Recipient
Short Project Description
Maximum Award
County Location

Chattanooga Metropolitan Airport Authority

Next phase to develop a build-ready site and required infrastructure for the expansion and development of a Maintenance Repair and Overhaul (MRO) Facility at Lovell Field in Chattanooga, TN. 

$3,400,000.00

Hamilton

Metropolitan Nashville Airport Authority

Design and construction of an Air Traffic Control Tower at John C. Tune Airport in Nashville, TN.

$4,250,000.00

Davidson

Tri-Cities Airport Authority

Next phase of site development for the Aerospace Park at Tri-Cities Airport in Blountville, TN to create a build-ready site for a future MRO facility or other aerospace industry.

$1,690,000.00

Sullivan

City of Murfreesboro

Construction of a maintenance hangar in the south terminal development area for a MRO expansion at Murfreesboro Municipal Airport in Murfreesboro, TN.

$2,000,000.00

Rutherford

Winchester Airport Authority, Inc.

Construction of a hangar with classroom space to house an Aviation Maintenance Technology program at Winchester Municipal Airport in Winchester, TN.

$1,870,000.00

Franklin

Upper Cumberland Regional Airport Board

Construction of a maintenance hangar for an aircraft  restoration company at Upper Cumberland Regional Airport in Sparta, TN.

$790,000.00

White

Memphis-Shelby County Airport Authority

Development of a build-ready site and required infrastructure for the recruitment of Maintenance Repair Overhaul (MRO) operation at Memphis International Airport, Memphis, TN.

$3,000,000.00

Shelby

Metropolitan Knoxville Airport Authority

Design and construction of a general aviation airport in Oak Ridge, TN.

$3,000,000.00

Roane