ULA, Dynetics Plan Investments in Decatur

Artist’s conception of Vulcan rocket. (Credit; ULA)

ULA and Dynetics are planning investments in Decatur, Ala. to gear up for production of the new Vulcan launch vehicle.

ULA’s proposed project requires capital investment for new technology and infrastructure for the production of the new Vulcan thrust structure assembly, which is ULA’s next generation launch system. Beginning in August 2017, the project’s total capital investment is approximately $115.6 million. ULA’s project is expected to be completed by December 31, 2020 and will help secure the employment of approximately 620 existing employees with an estimated annual payroll of around $43 million before benefits.

Dynetics presented their plans to construct the second building of an aerospace structures complex adjacent to ULA, to support development and structural testing of launch vehicles and large aerospace structures. The capital investment for the project is estimated to be $7,4. Million and is expected to create 15 new jobs within one year with an estimated annual payroll of $1 million before benefits.

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