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Business/Financial

Ground-Based Midcourse Defense System Adds $246 Million To Alaska Economy During 2007

DDN

Monday, November 17th, 2008

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The Boeing Co. [BA], through its work on the Ground-based Midcourse Defense (GMD) system, added more than $246 million to the Alaska economy last year, Boeing announced. GMD includes interceptors installed in ground silos in Alaska and California. That program also supported more than 700 direct and indirect jobs in Alaska, according to a University of Alaska Fairbanks study that Boeing sponsored. The study found the average Boeing GMD worker in 2007 earned approximately 1.7 times the average Alaska wage.…

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