The Denver Post talks to Tom Marsh, a retired Lockheed Martin executive who recently took over as a new co-chairman of the Colorado Space Coalition, which is charged with promoting the state’s interests.
With the economy in turmoil, “we must sustain and maintain what we have,” Marsh said of Colorado space-related companies that annually generate an estimated $7 billion in revenues. An estimated 166,000 Coloradans are directly or indirectly employed by aerospace, which is one of seven “industry clusters” that are the focus of economic-development officials.
That doesn’t include the economic impact of academic institutions and federal facilities landing contracts and performing space-related work, or the strong military presence.
“We need to be working through this difficult economy and planning for what’s next,” Marsh said. “We just need to see some things settle out a bit.”
The coalition has four dozen members representing all sectors of Colorado’s space economy. Marsh is one of three co-chairs, the other two representing military interests and the state government.
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